On January 29, Robinhood announced an investment in Talos’s Series B extension round, valuing this institutional-grade crypto trading infrastructure provider at approximately $1.5 billion. The round raised an additional $45 million, with investors including Sony Innovation Fund, IMC, QCP, and Karatage. Existing shareholders such as a16z crypto, BNY, and Fidelity also participated. Talos provides end-to-end crypto trading infrastructure for hundreds of institutional clients worldwide, managing a total asset volume of approximately $21 trillion. This financing highlights the ongoing demand for crypto market infrastructure from institutions and also reflects Robinhood’s accelerated efforts in blockchain and crypto-native finance, including building its own Arbitrum ecosystem blockchain, tokenized stock trading, and diversified crypto products.
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Robinhood invests in crypto trading platform Talos, valued at $1.5 billion
On January 29, Robinhood announced an investment in Talos’s Series B extension round, valuing this institutional-grade crypto trading infrastructure provider at approximately $1.5 billion. The round raised an additional $45 million, with investors including Sony Innovation Fund, IMC, QCP, and Karatage. Existing shareholders such as a16z crypto, BNY, and Fidelity also participated. Talos provides end-to-end crypto trading infrastructure for hundreds of institutional clients worldwide, managing a total asset volume of approximately $21 trillion. This financing highlights the ongoing demand for crypto market infrastructure from institutions and also reflects Robinhood’s accelerated efforts in blockchain and crypto-native finance, including building its own Arbitrum ecosystem blockchain, tokenized stock trading, and diversified crypto products.