TechFlow news — According to CoinDesk, Delphia, an algorithm-powered stock advisory app, has raised $60 million in a Series A funding round led by Multicoin Capital, with participation from Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, and Cumberland. The funds will be used to expand the team and launch a native Delphia data rewards token, which will reward users who choose to share their personal data with the platform.
The Delphia mobile app offers actively managed long-only strategies at no cost, with a minimum investment of $10. It also provides a hedge fund for qualified investors, featuring a multi-short market-neutral strategy covering approximately 2,500 U.S. stocks.




