Share this article
Algorithmic Stock Platform Delphia Debuts Digital Asset Component
The company raised $60 million this summer in a Series A funding round.
Updated May 11, 2023, 6:51 p.m. Published Sep 28, 2022, 12:00 p.m.
Make us preferred on Google
Algorithm-backed stock adviser Delphia has added a digital asset feature to its platform, allowing users to earn rewards through being active in the community.
Dubbed the Ecosystem, the new platform will include a utility token, phi (PHI). Members can earn phi by participating in a range of signal-generating games that would in turn improve the company’s data set, according to a statement Wednesday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“Integrating the Ecosystem into the Delphia asset management platform will enable us to further incentivize people to share their data and increase the overall value of the data for those investing with Delphia,” said company CEO Andrew Peek. “The ecosystem, as well as PHI, provide our investors with what we think is the best way to leverage their proprietary data and increase their returns,” he added.
In June, Delphia raised $60 million in a Series A funding round led by Multicoin Capital to expand headcount and launch the native Delphia Data rewards token.
Delphia said Wednesday that PHI holders in the ecosystem will be given some form of exclusivity, including early access to trading strategies and overall enhancements to the in-app experience. The company expects to update users on plans to bring on more ways to earn tokens along with new rewards in the coming months.
Read more: Algorithmic Stock Adviser Delphia Raises $60M Ahead of Rewards Token Launch
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
How the ultra-wealthy are using bitcoin to fund their yacht upgrades and Cannes trips
Cometh founder Jerome de Tychey is applying DeFi lending and borrowing on platforms like Aave, Morpho, and Uniswap to structures that help the ultra-wealthy secure loans against their massive crypto fortunes.
What to know:
- Wealthy investors who hold much of their fortune in crypto are increasingly turning to decentralized finance platforms to secure flexible credit lines without selling their digital assets.
- Firms like Cometh help family offices and other rich clients navigate complex DeFi tools, using assets such as bitcoin, ether and stablecoins to replicate traditional Lombard-style collateralized loans.
- DeFi loans can be faster and more anonymous than traditional bank credit but carry volatility and liquidation risks, and Cometh is also experimenting with applying DeFi strategies to traditional securities via ISIN-based tokenization.
Top Stories
