Web3 startup aPriori raised $20 million to expand its trading platform, aiming to bring high-frequency trading onchain and address DeFi challenges. The company’s total funding is now $30 million, with investors like Pantera Capital and HashKey Capital on board. Founded in 2023, aPriori tackles issues like wide spreads and toxic order flow.

Institutional interest in onchain markets is growing, with startups like Theo and Aevo developing institutional-grade trading infrastructure. Platforms like dYdX and Cega are also working on onchain markets. Regulatory developments and yield opportunities in DeFi are attracting institutions to onchain markets, driving demand for such infrastructure.

Decentralized markets offer higher returns than traditional money markets, with tokenized private credit markets delivering an average APR of 9.76%. This segment of the tokenization market is valued at approximately $15.6 billion. Large institutions like JPMorgan are exploring crypto-aligned strategies, committing up to $500 million to AI-driven hedge fund Numerai.

Read more at Cointelegraph: aPriori Raises $20M for Onchain High-Frequency Trading