TLDR
- Robinhood has invested in Talos, a crypto trading platform, as part of an extended Series B funding round.
- The investment brings Talos’s valuation to $1.5 billion, up from $1.25 billion in May 2022.
- Talos raised a total of $150 million in its Series B funding round.
- Robinhood’s involvement in the funding round aims to expand its crypto offerings and infrastructure.
- Talos’s platform supports institutional investors with tools for trade execution, risk management, and post-trade settlement.
Robinhood has joined the extended Series B funding round of Talos, a crypto trading platform, valuing the company at $1.5 billion. The investment further expands Robinhood’s crypto presence and strengthens Talos’s position in the digital asset trading infrastructure. Talos’s new valuation comes after raising a total of $150 million in its Series B funding.
Robinhood Joins Talos’s Extended Series B Round
Robinhood has contributed to an extended Series B funding round for Talos, a leading digital asset trading platform. The round now totals $150 million, increasing Talos’s valuation to $1.5 billion, up from $1.25 billion in May 2022. This strategic investment comes as Robinhood continues to enhance its crypto offerings and infrastructure.
“We extended our Series B round to accommodate interest from strategic partners who recognize Talos’s role in providing core institutional infrastructure for digital assets,” said Anton Katz, CEO of Talos. This expansion reflects growing demand for digital asset trading platforms, especially as traditional asset classes shift toward digital markets. Robinhood’s involvement in this funding round is part of its broader effort to solidify its position in the crypto industry.
Talos’s Institutional Infrastructure for Digital Assets
Talos provides institutional-grade trading infrastructure designed for professional investors, brokers, and banks in the digital asset space. The platform aggregates liquidity from exchanges, over-the-counter desks, and prime brokers, offering institutions a complete suite of tools for trade execution and risk management. It has grown its customer base to include traditional finance firms, which now make up 60% to 70% of new clients.
Anton Katz highlighted that Talos’s platform now supports asset managers with a combined $21 trillion in assets under management. With the support of its strategic investors, Talos is well-positioned to continue expanding its role in the growing digital assets market. The company’s focus on institutional clients has made it a leader in the sector, providing essential infrastructure for the digital asset trading lifecycle.
Robinhood’s Expansion Into Crypto Trading
Robinhood’s investment in Talos aligns with its ongoing expansion into the crypto market. The company is also developing its blockchain network built on Arbitrum, signaling a deeper commitment to the crypto space. Recent moves, including the launch of tokenized stock trading and crypto products in Europe, highlight Robinhood’s strategy to become a key player in the evolving digital finance landscape.
“We are excited to partner with Talos to enhance Robinhood Crypto’s offerings,” said Johann Kerbrat, SVP and GM of Crypto at Robinhood. The investment will allow Robinhood to integrate Talos’s advanced features, improving liquidity and trading capabilities for its growing customer base.
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