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Angels from Citadel, Jane Street, JPMorgan back $20M raise for Theo network

cryptoweekly by cryptoweekly
April 24, 2025
in bitcoin, News
0

The Theo network is among several blockchain companies seeking to bridge Wall Street and retail.

Theo, a provider of onchain trading infrastructure, has raised $20 million from 17 investors to enhance its institutional-grade trading platform aimed at retail investors.

The funding round was co-led by Hack VC and Anthos Capital, with additional participation from venture capital firms Manifold Trading, Miranda Ventures, Flowdesk, MEXC and Amber Group, Theo disclosed on April 24. 

Citadel, Jane Street, IMC and JPMorgan were listed as angel investors in the deal.

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  • Pump.fun and its founder hit in X account suspension blitz
  • Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
  • Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’
  • Optimism targets decentralization with ‘season 8’ governance revamp
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  • Paradigm urges jury clarity in Roman Storm’s Tornado Cash case
  • Bitcoin dips amid reports Trump has called advisers to situation room

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