PANews reported on May 20th, citing Bloomberg, that Moment, a fintech company founded by former Citadel Securities quantitative trading and research staff, has raised $78 million in funding. The round was led by Index Ventures, with participation from existing investors including Andreessen Horowitz and Avra. Moment has recently partnered with institutions such as Edward Jones, LPL Financial Holdings, and Hightower Advisors to provide them with automated fixed-income and equity trading technology. The company stated that it has built a unified data model and a regulatory-compliant control system to support investment management institutions in the secure deployment of AI agents. Many Wall Street institutions are accelerating the adoption of AI to improve trading and business efficiency, and AI companies such as Anthropic are actively promoting related solutions to financial institutions.