To exaggerate a bit, the whales behind XPL and ENA are standing with @Theo_Network this time. In April this year, Theo completed a $20 million funding round. Among the disclosed participating institutions: 3 of them had previously invested in XPL (Anthos Capital, Manifold Trading, Mirana Ventures) 2 of them had previously invested in ENA (MEXC, Amber Group) Among the remaining institutions, Hack VC was one of the co-lead investors (the other lead investor being Anthos Capital). I’ve analyzed before that projects led by Hack VC have nearly a 50% chance of launching on Binance or Binance Alpha. Looking at the team’s background, the founding team comes from top quantitative trading firms like Optiver and Citadel, and angel investors include former employees of Citadel, Jane Street, and JPMorgan. With this kind of background, Theo is essentially an extension of "Wall Street DNA" into the crypto world. Theo will be one of the most noteworthy infrastructure projects in 2025.