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Algo investment advisor Delphia secures $60 million in Series A round

Algorithmic investment adviser firm Delphia secured $60 million in a Series A funding round led by crypto venture firm Multicoin Capital. Other participants in the round include Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, Cumberland, Thomas Bailey from Road Capital, and M13.  The new capital will be put towards the launch of the firm’s native rewards token, as well as expand its user base and the way investors can contribute data, per an announcement Wednesday. “Our …