About Thetanuts Finance
Thetanuts Finance is a Financial Services company based in Panama City (United States) founded in 2021. Cryptocurrency option strategies are offered via an online platform. Thetanuts Finance has raised $35 million across 3 funding rounds from investors including Deribit, Polychain and QCP Capital. Thetanuts Finance offers products and services including Options Trading Platform and Smart Contract Protocol. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms. Its competitors include Opyn and Synquote; 2 of its 2 listed competitors have raised funding.
Company details
Thetanuts Finance was founded in 2021 and is headquartered in Panama City, United States. Operations are conducted in the cryptocurrency finance sector as a protocol on multiple decentralized networks. Access to structured products is provided to users, enabling option strategies that support portfolio returns. Services focus on decentralized finance tools without centralized intermediaries.
- Headquarters Panama City, United States
- SectorsFinancial Services
- Email••••••••
- Website thetanuts.finance
- Social X
- Total Equity Funding$35M (USD)
in 3 rounds
- Latest Funding Round$270K (USD), Token Sale
May 2024
- InvestorsDeribit
& 6 more
Products & Services of Thetanuts Finance
Thetanuts Finance offers a comprehensive portfolio of products and services, including Options Trading Platform and Smart Contract Protocol.
Decentralized protocol for trading altcoin options on blockchain networks.
System for managing on-chain interactions and premium earnings in crypto.
Funding Insights of Thetanuts Finance
Thetanuts Finance has successfully raised a total of $35M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $270 thousand completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $35M
- Total Rounds 3
- Last Round Token Sale — $270,000
- First Round $18M
(Mar 2022)
- Investors Count 7
All 3 funding rounds of Thetanuts Finance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $270,000 | Token Sale | – | – | – |
| Apr 2023 | $17M | Seed | – | Polychain, HyperChain | – |
| Mar 2022 | $18M | Seed | – | Three Arrows Capital |
7 investors in total: 7 institutional.
Investors in Thetanuts Finance
Thetanuts Finance has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Deribit, Polychain and QCP Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital-backed accelerator focused on crypto-based startups | magnuscapital.com | Amsterdam, Netherlands | ||
Investments in cryptocurrency and blockchain assets are managed by Polychain. | 2016 | polychain.capital | San Francisco, United States | |
Digital assets are managed by HyperChain Capital. | hyperchain.capital | |||
| threearrowscap.com | ||||
Deribit is recognized as a leading crypto derivatives exchange. | 2016 | deribit.com | Amsterdam, Netherlands | |
Crypto assets are traded online via a proprietary platform. | 2017 | qcp.capital | Singapore, Singapore | |
Develops blockchain tools and trades in Web3 networks for community-driven tech. | 2015 | jumpcrypto.com | Chicago, United States |
Investor details for Thetanuts Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Thetanuts Finance
3 dated milestones of Thetanuts Finance across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Thetanuts Finance is founded.
- Funding First funding round of $18.0M.
- Funding Latest funding round, Token Sale, of $270K.
Competitors of Thetanuts Finance
Thetanuts Finance has 2 listed competitors in our database, 2 of them funded. They include Opyn and Synquote.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| opyn.co | 2019 | San Francisco, United States | $10.89M | Defi option trading platform | ||
| synquote.com | 2021 | San Francisco, United States | $2.8M | Crypto options are traded on Synquote's decentralized platform. |
Detailed competitors of Thetanuts Finance
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- Full competitor set
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Web traffic of Thetanuts Finance
The website of Thetanuts Finance (thetanuts.finance) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 116% vs previous month
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Thetanuts Finance (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Frequently Asked Questions about Thetanuts Finance
Thetanuts Finance was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Thetanuts Finance is headquartered in Panama City, United States. It is registered at Panama City, Florida, United States.
Thetanuts Finance is a funded company, having raised a total of $35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $18M, raised on Mar 2022.
Thetanuts Finance was founded in 2021 and is headquartered in Panama City, United States. Operations are conducted in the cryptocurrency finance sector as a protocol on multiple decentralized networks. Access to structured products is provided to users, enabling option strategies that support portfolio returns. Services focus on decentralized finance tools without centralized intermediaries.
Thetanuts Finance offers Options Trading Platform and Smart Contract Protocol.
Thetanuts Finance has 7 investors. Key investors include Deribit, Polychain, QCP Capital, HyperChain Capital, and Magnus Capital.