$20M Funding Boost Positions Theo to Bring Pro-Grade Tools to Crypto Space

Theo Secures $20M to Bring Advanced Crypto Trading Strategies to Retail Investors

Theo, a next-gen crypto trading infrastructure startup, has raised $20 million in a funding round co-led by Hack VC and Anthos Capital. The round also saw backing from a variety of crypto-native investors, as well as individuals tied to prominent financial firms like Citadel, Jane Street, and JPMorgan.

The company is creating a platform that allows retail investors to deposit digital assets into vaults designed to implement sophisticated, institutional-grade trading strategies. These vaults leverage tactics like arbitrage, hedging, and cross-chain funding rate optimization—strategies that are typically reserved for large financial institutions.

Theo’s platform operates on a proprietary validator network that facilitates seamless trade execution across both centralized and decentralized exchanges. The system enforces margin requirements and ensures robust overcollateralization, maintaining the platform’s stability and security.

Founded by former Optiver and IMC quant traders Abhi Pingle, Arijit Pingle, and TK Kwon, Theo aims to break down the barriers between institutional and retail crypto markets. “The crypto space is fragmented and inefficient,” said Abhi Pingle. “We’re developing a solution that bridges that gap, providing access to advanced tools for all market participants.”

Theo’s infrastructure also gives trading firms the ability to utilize user-deposited funds, potentially improving capital efficiency and increasing returns while maintaining control over execution and risk.