As retail investors get crushed by market conditions, Delphia, a mobile-investment platform, wants to give them an edge to better square up against hedge funds and other institutional investors.<\/p>\n

The stock-picking startup with algorithmic and crypto features plans to reward users for access to their data, a model that helped it close a new $60 million Series A led by Multicoin Capital. Other investors in the round include FTX Ventures, fintech-focused Ribbit Capital, M13 and Lattice Ventures.<\/p>\n

The startup\u2019s \u201cshare-to-earn\u201d data token model will reward users starting this summer for contributing valuable information, which it will then use to help its model better pick stocks. The company offers two sorts of investing methods, one of which is free (its stock picks) and a long\/short blend that is open to accredited investors. Fees paid by the wealthier investors are used to help reward data-providing users, who can get their rewards in the form of either cash or tokens.<\/p>\n