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Cryptocurrency trading software provider Talos raises $45 million in funding, with participation from Robinhood, a16z, and others
According to CoinDesk, Robinhood participated in the Series B funding expansion of crypto trading platform Talos, valued at approximately $1.5 billion. The round totaled $45 million, with additional 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, said Talos’ flexibility and quick adaptability will help Robinhood deepen liquidity and provide more advanced features to crypto customers.