Talos raises $45 million in Series B extension at $1.5 billion valuation
Digital asset infrastructure provider adds clients and partners to cap table as it expands platform capabilities
Talos has extended its Series B funding round by $45 million, bringing the total raised to $150 million and lifting its post-money valuation to approximately $1.5 billion.
The company said the extension added leading global institutions to its cap table, many of whom are existing clients and partners.
“We’re proud to have some of the world’s most respected institutions, most of them existing clients and partners, join us as investors,” said Anton Katz, chief executive and co-founder of Talos.
A portion of the investment was settled using stablecoins, the company said.
Proceeds will be used to accelerate product development across the Talos platform, including tools for portfolio construction, risk management, execution, treasury and settlement.
“Talos’s flexibility and rapid adaptability allow us to deepen our liquidity and deliver even more advanced features to Robinhood Crypto customers,” said Johann Kerbrat, senior vice-president and general manager of crypto at Robinhood.
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The fundraising follows a two-year period in which Talos said it has roughly doubled revenue and client numbers each year.
The company also highlighted recent platform and acquisition activity, including the launch of a request-for-quote service with BlackRock’s traders on the Aladdin® platform and the acquisitions of Coin Metrics, Cloudwall, Skolem and D3X Systems.
The Recap
- Talos extended its Series B by $45 million to $150 million.
- Post‑money valuation will reach approximately $1.5 billion, the company said.
- Proceeds will fund product development across the Talos platform.
