Venture Capital News: Talos Secures $105M Series B Funding Round
2022-05-10
NEW YORK, NY, Talos, the premier provider of institutional digital asset trading technology, today announced a $105 million Series B funding round that values the company at $1.25 billion.
The round was led by global growth equity firm General Atlantic with participation from veteran investors in both the traditional finance and digital asset spaces. New investors including Stripes, BNY Mellon, Citi, Wells Fargo Strategic Capital, DRW Venture Capital, SCB 10x, Matrix Capital Management, Fin VC, Voyager Digital, Graticule Asset Management Asia (GAMA) and LeadBlock Partners joined the round.
Existing investors including Andreessen Horowitz, PayPal Ventures, Castle Island Ventures, Fidelity Investments, Illuminate Financial, Initialized Capital, and Notation Capital also extended their partnerships with Talos through this newest funding round.
Talos powers digital asset trading strategies globally. Engineered by a team with unmatched experience in building institutional trading systems, the Talos platform is trusted by the largest and most sophisticated market participants and their end clients for its performance, reliability, and security. Its growing network of services - trading platform, marketplace, data and analytics, and portfolio and settlement tools, all offered directly or through service providers on a white-label basis - enable clients of all types to transact end-to-end without concern for unnecessary intermediary risk or potential conflicts of interest.
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