To put it exaggeratively

CN
7 hours ago

Exaggerating a bit, the backers of $XPL and $ENA are now standing behind @Theo_Network.

In April of this year, Theo completed a $20 million financing round. Among the disclosed investors:

3 of the investors previously invested in $XPL (Anthos Capital, Manifold Trading, Mirana Ventures)

2 of the investors previously invested in $ENA (MEXC, Amber Group)

Among the remaining institutions, Hack VC is one of the co-leads (the other lead is Anthos Capital). I previously calculated that projects led by Hack VC have nearly a 50% chance of being listed on Binance or Binance Alpha.

From the team’s background, the founding team comes from top quantitative trading firms like Optiver and Citadel, with angel investors including former employees of Citadel, Jane Street, and JPMorgan. In this context, Theo is essentially an extension of "Wall Street genes" into the crypto world.

Theo is expected to be one of the most noteworthy infrastructure projects in 2025.

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