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Cryptocurrency trading software provider Talos raises $45 million in funding, with participation from Robinhood, a16z, and others
Deep Tide TechFlow News, January 29 — According to CoinDesk, Robinhood participated in the Series B extension funding round of the crypto trading platform Talos, with an estimated valuation of approximately $1.5 billion. The total amount raised in this round is $45 million, with new strategic investors including Sony Innovation Fund, IMC, QCP, and Karatage, as well as returning investors such as 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 provide more advanced features for crypto customers.