Theo Raises $20M to Connect Onchain Capital to Global Markets
Theo, a company based in New York City, has secured $20 million in funding to support its network that connects onchain capital to global markets through trading infrastructure.
Leading the funding round are Hack VC and Anthos Capital, along with contributions from Manifold Trading, Mirana Ventures, Metalayer Ventures, Flowdesk, SCB, MEXC, Amber Group, Selini Capital, and various angel investors.
The investment will be used by Theo to enhance its operations and further develop its trading infrastructure platform.
Co-founded by former quant traders Abhi Pingle, Arijit Pingle, and TK Kwon, Theo offers a platform that grants retail users access to trading and market-making strategies that were previously exclusive to Wall Street firms. Simultaneously, it provides trading firms with opportunities to maximize alpha through capital efficiency and market expertise.
The core of Theo’s platform lies in its institutional-grade trading infrastructure, which supports a wide array of strategies typically reserved for hedge funds and proprietary trading firms. The platform features a custom low-latency validator set that ensures custodial guarantees for users, while also enforcing rule-based access for institutional counterparties such as market makers and trading firms.
These validators enable real-time execution across centralized exchanges (CEXes) and decentralized protocols (DeFi), while also enforcing margin requirements and maintaining system-wide overcollateralization. Retail users can easily access these strategies by depositing funds into strategy-specific vaults, eliminating the need for multiple exchange accounts or in-depth knowledge of algorithmic trading.
With this recent funding, Theo is poised to expand its reach and continue revolutionizing access to trading opportunities for both retail users and trading firms.
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Date of Publication: 24/04/2025
