Multicoin Capital led a $60m Series A funding round Delphia.

Multicoin Capital, an investment firm, led a $60m Series A funding round Delphia, a provider of investment advisory services, with participation from Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, Cumberland, Thomas Bailey from Road Capital and M13. "Currently, retail investors are forced to either invest in passive robo-advisors that are designed to achieve average returns, or they can pick stocks directly through platforms like Robinhood or E-Trade — where they're up against the best hedge funds in the world. Delphia gives investors a third choice in the form of a mobile-delivered algo-advisor that leverages machine learning models designed by top hedge fund professionals, expanding access to elite financial products for retail investors," Andrew Peek, Delphia CEO.