TechFlow, April 24 — According to Fortune, decentralized trading platform Theo has raised a total of $20 million in funding. The financing consists of two parts: a $4.5 million seed round completed in March 2024, led by quantitative trading firm Manifold Trading, and a recently closed $15.5 million round led by cryptocurrency investment firms Hack VC and Anthos Capital.
Theo was founded by three former employees of high-frequency trading firms Optiver and IMC Trading. The platform enables retail investors to access trading strategies typically reserved for top-tier high-frequency trading firms.




