TechFlow News: On January 29, according to CoinDesk, Robinhood participated in the Series B extension round of cryptocurrency trading platform Talos, which valued the company at approximately $1.5 billion. The round raised a total of $45 million, with new strategic investors including Sony Innovation Fund, IMC, QCP, and Karatage. Returning investors included a16z crypto, BNY, and Fidelity Investments.
Johann Kerbrat, Senior Vice President and General Manager of Robinhood’s Crypto Business, stated that Talos’s flexibility and rapid adaptability will help Robinhood deepen liquidity and deliver more advanced features to its cryptocurrency customers.
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