Talos, the provider of institutional digital asset trading technology, has secured a $105 million Series B funding round that values the company at $1.25 billion, according to a report from PR Newswire.
The round was led by global growth equity firm, General Atlantic with participation from veteran investors in both the traditional finance and digital asset spaces.
These include: Andreessen Horowitz, PayPal Ventures, Castle Island Ventures, Fidelity Investments, Illuminate Financial, Initialized Capital, and Notation Capital also extended their partnerships with Talos through this newest funding round.
New investors include Stripes, BNY Mellon, Citi, Wells Fargo Strategic Capital, DRW Venture Capital, SCB 10x, Matrix Capital Management, Fin VC, Voyager Digital, Graticule Asset Management Asia (GAMA) and LeadBlock Partners.