Talos raised $105 million led by General Atlantic
As part of a Series B funding round, the company’s value reached $1,25 billion
10.05.2022 - 14:45
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What’s new? Talos, a cryptocurrency platform, raised $105 million in a Series B funding round led by the investment firm General Atlantic. Other investors include BNY Mellon, Citi, Wells Fargo Strategic Capital, DRW, SCB 10x, and Matrix Capital Management. Among other investors also are Andreessen Horowitz (a16z), PayPal Ventures, Fidelity Investments, and others. The value of Talos has reached $1,25 billion. This is reported in the company’s press release.
What else does the press release say? Talos co-founder and CEO Anton Katz called this funding round “a major inflection point for the industry.” He added that the company is proud to be the digital asset trading platform of choice for leading financial institutions. The funds raised will be used by Talos to expand its business in Europe and Asia-Pacific. In addition, the company expects to expand its line of crypto products and improve its existing trading tools.
What is known about Talos? It is a crypto trading platform founded in 2018. Talos has offices in New York, London, Sweden, and Singapore. The platform provides services such as price monitoring, crypto market access, reporting, and clearing for institutional clients. The founders of the project are Anton Katz and Ethan Feldman.
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