This Thursday, it was announced that Talos raised a $45 million extension to its Series B funding round, reaching a valuation of $1.5 billion. The company’s CEO, Anton Katz, confirmed that this operation included new strategic investors such as Robinhood and Sony Innovation Fund, alongside continued support from firms like a16z crypto and Fidelity Investments.
This boost comes after a period of exponential growth where the company doubled both its customer base and its revenue, even integrating with BlackRock’s Aladdin system. The funds will be used to enhance the development of key products, including portfolio management and treasury tools, as well as to support tokenized traditional assets within its institutional platform.
Talos’s expansion into the tokenization market and the potential execution of new strategic acquisitions will be the focal points in the coming months. This move underscores a renewed investor interest in crypto payment and settlement infrastructure, consolidating the firm as a fundamental pillar for institutions seeking to connect with the digital asset ecosystem.
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