Talos Secures $45M Extension at $1.5B Valuation

Talos, a New York-based crypto infrastructure provider, has successfully extended its Series B funding round with an additional $45 million, valuing the company at approximately $1.5 billion. This strategic capital infusion is particularly noteworthy due to the participation of high-profile backers including Robinhood and Sony, signaling growing institutional confidence in crypto market infrastructure. The involvement of these mainstream financial and technology firms underscores a maturing investment landscape where traditional players are actively seeking exposure to foundational blockchain technology.

The extension reflects broader market trends where institutional capital continues to flow into crypto infrastructure despite recent market volatility. Talos's platform, which provides trading technology and connectivity solutions for institutional clients, addresses critical needs in the evolving digital asset ecosystem. This funding round extension demonstrates sustained investor appetite for companies building the backbone of institutional crypto adoption, suggesting that infrastructure investments remain a priority even during periods of price uncertainty.

Read full article on CoinTelegraph