Robinhood (HOOD) is investing in crypto trading platform Talos at $1.5 billion valuation
Talos raised a total of $150 million in its Series B round, attracting strategic investors to support expansion amid doubling revenues and client growth.
10 Articles
10 Articles
Talos Extends Series B to $150M, with Robinhood and Sony backing
Talos, the New York–based digital asset infrastructure provider, has secured a $45 million extension to its Series B round, lifting the round’s total proximity to $150 million and valuing the company at roughly $1.5 billion. The extension brings in new strategic investors including Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, while retaining participating backers such as a16z crypto, BNY Mellon and Fidelity Investments. Talos …
Talos Adds $45M Extension, Lifting Its Series B Funding to $150M
Talos announced on Jan. 29 that it has raised $45 million in an extension of its Series B funding round. This has raised its total funds to $150 million. The valuation of the institutional trading infrastructure firm is around $1.5 billion. This extension has been possible due to high interest from strategic partners. This is in addition to the earlier commitments made in the last fundraising round. Robinhood Markets, Sony Innovation Fund, IMC, …
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