Talos Trading Secures $45M Series B Extension

Talos Trading, a leading provider of institutional digital asset infrastructure, announced a $45 million Series B extension, bringing its total Series B funding to $150 million and its post-money valuation to approximately $1.5 billion. New strategic investors include Robinhood Markets, Sony Group Corporation===Sony Innovation Fund, IMC Financial Markets, QCP Capital, and Karatage, alongside returning investors Andreessen Horowitz, BNY, and Fidelity Investments. The funds will be used to expand product development across the Talos Trading platform, including portfolio construction, risk management, execution, treasury, and settlement tools, and to support the migration of traditional asset classes to digital assets. A portion of the investment was settled using stablecoins, highlighting the increasing use of blockchain-based payment rails in institutional transactions. This fundraising follows a period of significant growth for Talos Trading, with revenues and client base doubling annually for the past two years. Recent milestones include the launch of its RFQ platform with BlackRock's traders on the Aladdin platform and the acquisitions of Coin Metrics, Cloudwall, Skolem Technologies, and D3X Systems, enhancing its capabilities in data, risk management, DeFi infrastructure, and portfolio engineering.