Pantera, Primitive Ventures back latest $20 million funding round for Apriori

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Quick Take

  • Crypto startup Apriori has raised a total of $30 million as it sets out to redefine high-performance trading.
  • The latest $20 million strategic round comes from HashKey Capital, Pantera Capital, and Primitive Ventures, among others.

Crypto startup Apriori has raised a total of $30 million as it sets out to redefine high-performance trading. The New York-based firm's latest $20 million strategic round comes from HashKey Capital, Pantera Capital, Primitive Ventures, IMC Trading, GEM, Gate Labs, Ambush Capital, Big Brain Collective, and other strategic partners.

Founded in 2023, aPriori is a MEV-powered liquid staking and AI-powered DEX aggregator and building on the Monad blockchain. It is building an MEV-powered liquid staking platform on the Monad blockchain, combining both staking and MEV rewards.

The company was established by former quants and engineers from Jump Trading Group LLC, Coinbase Global Inc.

One of Apriori’s main features is a “Swapr” that can distinguish between harmful and beneficial activity, much like payment-for-order-flow models used in traditional brokerage systems, by analyzing order flow in real time.

“We built aPriori on the insight that the same mechanisms which protected LPs and improved efficiency, combined with the active engines used at leading HFT firms to combat adverse selection, could be brought on-chain to transform how liquidity and order flow are managed. The result is tighter spreads, fairer execution, and more sustainable yields for everyone in the market,” Ray Song, founder of aPriori, said in a statement.


Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

Daniel Kuhn is a Senior Journalist and Editor at The Block, where he covers the crypto industry with a particular focus on tech. He previously served as deputy managing editor of opinion/features at CoinDesk. He first appeared in print in Financial Planning, a trade publication magazine. Before journalism, he studied philosophy as an undergrad, English literature in graduate school and business and economic reporting at an NYU professional program. You can connect with him on Twitter and Telegram @danielgkuhn or find him on Urbit as ~dorrys-lonreb.

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To contact the editor of this story: Jason Shubnell at [email protected]

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