Overview
- Talos closed a $45 million extension to its Series B, taking the round to $150 million and valuing the firm at about $1.5 billion.
- New strategic participants include Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside returning backers a16z crypto, BNY and Fidelity Investments.
- An undisclosed portion of the investment was settled using stablecoins, reflecting growing use of onchain rails for funding and settlement.
- Robinhood said Talos’s technology will help deepen liquidity and deliver more advanced features for Robinhood Crypto customers.
- Talos reports hundreds of clients across roughly 35 countries and has expanded capabilities through acquisitions including Coin Metrics, D3X Systems, Cloudwall and Skolem.