Angels from Citadel, Jane Street, and JPMorgan back 20 million USD raise for Theo Network

The Theo network successfully raised 20 million USD from investors including Hack VC and Anthos Capital. Major players such as Citadel, Jane Street, and JPMorgan participated, signaling the growing intersection between institutional finance and retail trading.

Despite a total value locked of 29 million USD, the Theo network witnesses a decrease. It aims to offer retail investors access to sophisticated trading strategies typically reserved for institutional traders, making strides in democratizing trading.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts