Fintech Insights - Crypto Firm Talos Bags $105m From Investors Incl. Citi, Wells Fargo & BNY Mellon

May 2022
Fintech & Payments

Cryptocurrency trading platform Talos has secured $105 million in a Series B funding round at a valuation of $1.25 billion. The funding round was led by growth equity firm General Atlantic and featured a number of new investors including Stripes, BNY Mellon, Citi and Wells Fargo Strategic Capital, among others.

Founded in 2018, Talos is a Houston, Texas-based institutional digital asset trading company. It has an impressive line-up of existing investors such as Andreessen Horowitz, PayPal Ventures and Fidelity Investments, who extended their partnership through the latest funding round. The Talos platform is designed to help institutions manage the full trade lifecycle, including: liquidity sourcing, direct market access, price discovery, algorithmic trade execution, transaction cost analysis, reporting, clearing, and settlement.

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