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The startup trading platform Theo raised $20 million in two rounds of financing, led by Hack VC and others.
According to Foresight News, Wealth Magazine reported that the startup trading platform Theo raised $20 million in two rounds of financing, including a $4.5 million seed round led by Manifold Trading in March 2024, and $15.5 million raised in the second round led by Hack VC and Anthos Capital a year later. Both rounds of financing are Token warrants, or commitments to allocate unreleased Crypto Assets.