Share this article

Crypto Robo-Adviser Hedgehog Launches as App With Gemini as Custodian

Parent company Hedgehog Technologies raised $1.6 million in August 2021 to build the platform.

Updated Jun 21, 2023, 12:00 p.m. Published Jun 21, 2023, 12:00 p.m.
Close-up photo of a hedgehog in a field or garden.
(Alexas_Fotos/Pixabay)

Hedgehog, a robo-adviser that provides automated financial guidance for cryptocurrency investors, has launched as an app on both the iOS and Android systems, the company said Wednesday.

The app allows investors to manage crypto portfolios and provides advice on when to rebalance their holdings or rearrange their investments. It offers six so-called stacks, or diversified portfolios of related cryptocurrencies, that users can invest in similar to an index fund or exchange-traded funds.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

However, while investors in an index fund own shares in the fund, Hedgehog users own the assets in their stacks directly. Their funds will be held on crypto exchange Gemini, which is the integrated custodian for the app. Self-custody support could become available down the line, the company said.

The six stacks are Total Crypto, Satoshi, DeFi, ETH Network, Layer One and Yield Farming.

Hedgehog Technologies, the parent company of Hedgehog Advisers, raised $1.6 million from companies incling Y Combinator and Dragonfly Capital to build the platform in 2021. The platform is registered with the U.S. Securities and Exchange Commission (SEC), which requires users to go through an identification, or know-your-customer (KYC), process.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets

Yasin Oral, Founder and CEO of Paribu (center) and Dina Sam’an (left) and Talal Tabbaa (right), Co-Founders of CoinMENA (Paribu, modified by CoinDesk)

With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.

What to know:

  • Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
  • Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
  • The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.