Startup trading platform Theo raises $20 million in two rounds of funding, led by Hack VC and others

According to Foresight News, according to Fortune magazine, startup trading platform Theo raised $20 million in two rounds of funding, including a $4.5 million seed round led by Manifold Trading in March 2024 and a $15.5 million second round led by Hack VC and Anthos Capital a year later. These two rounds of financing are both token warrants or commitments to distribute unissued cryptocurrencies.