Talos extends Series B to $150M with Robinhood and Sony backing

Digital asset infrastructure provider Talos raised a $45 million extension to its Series B round, extending the round to $150 million and valuing the company at about $1.5 billion, according to the company. New strategic investors include Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside returning backers a16z crypto, BNY and Fidelity Investments.

"We extended our Series B round to accommodate interest from strategic partners," said Talos CEO Anton Katz. Talos said the proceeds will be used to expand product development across its trading, portfolio management, execution, treasury and settlement tools and to support tokenized traditional assets on its platform.

Talos is a New York–based company founded in 2018 that provides software to allow institutional clients to trade, manage and settle digital asset positions across exchanges, over-the-counter desks, custodians and other liquidity providers. The company said its revenue and client base have doubled over the past two years and that it has added integrations with BlackRock’s Aladdin system.

The company has also expanded through acquisitions: in July, Talos acquired blockchain analytics firm Coin Metrics in a deal valued at $100 million, the company said. Talos’s Series B extension comes amid renewed investor interest in crypto payments and market infrastructure, particularly platforms focused on settlement, stablecoins and institutional-scale financial rails.

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