Cryptocurrency trading platform Talos raises $45 million in funding, with participation from Robinhood and a16z
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Cryptocurrency trading platform Talos raises $45 million in funding, with participation from Robinhood and a16z
According to CoinDesk, Robinhood participated in the Series B extension round of crypto trading platform Talos, which was valued 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 Crypto, stated that Talos’s flexibility and rapid adaptability will help Robinhood deepen liquidity and deliver more advanced features to its crypto customers.
Navigating Web3 tides with focused insightsTechFlow 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.
