Talos Raises $105M in Series B Funding

Talos, New York$105M raised by an institutional platform provider for digital asset trading technology platforms. inSeries B funding that values the company at $1.25 billion.

TheRound was led By General AtlanticParticipation from 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), LeadBlock Partners, Andreessen HorowitzPayPal Ventures, Castle Island Ventures, Fidelity Investments, Illuminate Financial, Initialized Capital, Notation Capital.

TheThe company plans to use the funds in order to scale up and diversify its digital asset platform, which is of institutional quality, to accelerate expansion into APAC. EuropeTo expand its product lines and support the entire, end-to-end trade process, strengthen pre- and post-trade tools, as well as to grow its global team.

LedBy Anton KatzCo-founder and CEO TalosThe platform is used worldwide by the largest market participants and end clients to power digital asset trading strategies. Its 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.

The company’s client base spans the entire digital asset ecosystem, from buy-side institutions to financial service providers, and includes broker-dealers, prime brokers, hedge funds, banks, OTC desks, custodians, exchanges and lenders.

TalosThere are also offices in New York, Europe and Singapore.

FinSMEs

10/05/2022

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