Talos Secures Series B With Strategic Capital

Digital asset infrastructure provider Talos has secured 45 million dollars in a Series B funding extension led by new investors including Robinhood Markets and Sony Innovation Fund. This latest injection of capital follows an initial 105 million dollars raised in 2022 and brings the total round to 150 million dollars. Existing backers such as BNY and Fidelity Investments also participated in the round which values the New York based company at approximately 1.5 billion dollars.

The company provides a comprehensive technology stack for professional firms to manage and trade digital assets across various exchanges and market makers. Its platform includes tools for order execution and price analysis alongside post trade services like reporting and settlement. Since its founding in 2018 the firm has supported over 700 billion dollars in trading volume for a global client base that includes banks and brokerages.

This funding highlights the rise of corporate venture capital as established financial institutions seek closer alignment with digital innovation. Strategic partners like Robinhood, BNY, and Fidelity are using these investments to secure insights into how traditional asset classes are migrating to digital rails. Talos intends to use the proceeds to expand its product development across portfolio construction and risk management tools to support this ongoing industry transition.

Mnote: Many of these names have big ties into the wealth management segment. My guess is that they want a clearer read on how this industry is rapidly progressing. By getting some exposure to digital asset market infrastructure, they’re contributing to R&D for their own firms while also securing an option for future distribution if and when the timing is right.

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