BlockBeats News, January 29th, Robinhood announced its investment in Talos's Series B extension round, bringing the institutional-grade crypto trading infrastructure provider's valuation to around $1.5 billion. This round added $45 million in new funding, with investors including Sony Innovation Fund, IMC, QCP, and Karatage, while existing shareholders such as a16z crypto, BNY, Fidelity, among others, continued to participate.Talos provides end-to-end crypto trading infrastructure to hundreds of global institutional clients, with a combined asset under management of around $21 trillion. This financing round highlights institutional demand for crypto market infrastructure and reflects Robinhood's accelerated foray into blockchain and crypto-native finance, including the development of its own Arbitrum ecosystem blockchain, tokenized stock trading, and diversified crypto products.
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Robinhood's crypto trading platform Talos, valued at $1.5 billion
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