talos

Robinhood (HOOD) announced its participation in the Series B extension financing of the cryptocurrency trading infrastructure provider Talos. This financing amounts to $45 million, bringing the total Series B financing for Talos to $150 million, with the company's valuation rising to approximately $1.5 billion. New strategic investors include Sony Innovation Fund, IMC, QCP, and Karatage, while existing shareholders a16z crypto, BNY, and Fidelity Investments continue to participate.Talos primarily provides cryptocurrency trading lifecycle technology for institutional investors and banks, with a total asset management scale of approximately $21 trillion. This financing will help Talos deepen its blockchain strategy and M&A expansion. Previously, Talos has acquired Cloudwall (risk management), Skolem (institutional-grade DeFi), D3X Systems (portfolio construction), and Coin Metrics, valued at over $100 million.

According to CoinDesk, Robinhood participated in the Series B funding extension of the crypto trading platform Talos, which is valued at approximately $1.5 billion. This round of financing totaled $45 million, with new strategic investors including Sony Innovation Fund, IMC, QCP, and Karatage, while returning investors such as a16z crypto, BNY, and Fidelity Investments also participated.Johann Kerbrat, Senior Vice President and General Manager of Robinhood's crypto business, stated that Talos's flexibility and rapid adaptability will help Robinhood deepen liquidity and provide more advanced features for crypto clients.

ChainCatcher news, Jito Labs founder buffalu announced the appointment of Rebecca Rettig as the company's Chief Legal Officer (CLO), who will officially take office next week.Rebecca previously served as the Legal Director at Talos and has extensive experience in the DeFi space. At Jito Labs, she will lead legal, compliance, and policy matters, focusing on the evolving staking ETF space and participating in the development of MEV-related policies.

ChainCatcher news, reported by Crowdfundinsider, indicates that the crypto trading platform provider Talos has partnered with Crypto Risk Metrics to provide environmental, social, and governance (ESG) data to its regulated clients, in order to comply with the sustainability disclosure requirements of the EU's Markets in Crypto-Assets Regulation (MiCA).It is reported that Crypto Risk Metrics is a company that offers a software-as-a-service (SaaS) platform focused on the listing and delisting of digital assets and providing ESG data for crypto asset service providers. The platform currently serves several companies, including Bitpanda, Bank Frick, Coinmerce, and dwpbank, helping them meet the compliance requirements of MiCA regulations.

ChainCatcher news, digital asset trading software provider Talos Trading Inc. is preparing to double its workforce in the Asia-Pacific region over the next 12 months.The New York-based cryptocurrency unicorn, backed by A16z, has identified Asia as its primary market, benefiting from its strong cryptocurrency foundation and regulatory clarity in jurisdictions such as Hong Kong, Singapore, and Japan.The Asia region currently contributes the majority of Talos's revenue. It is reported that Talos completed a $40 million Series A funding round in 2021, led by a16z, with participation from PayPal Ventures and Fidelity Investments.

ChainCatcher news, cryptocurrency trading software provider Talos has now acquired Skolem, which offers a DeFi access platform. The scale of the transaction and other terms have not been disclosed.Talos stated that Skolem will help expand its on-chain capabilities and connect its institutional clients to more decentralized finance or DeFi services.Talos co-founder and CEO Anton Katz said, "This acquisition helps Talos expand our on-chain capabilities, providing clients with access to more DeFi liquidity pools and enhancing our PMS products and DeFi services."

ChainCatcher news, according to Crowdfund Insider, digital asset technology company Crossover Markets and digital asset trading agency technology provider Talos announced that Crossover's CROSSx cryptocurrency exchange has integrated with the Talos trading platform, joining Talos's existing network of vendors.It is claimed that CROSSx is the first ECN (Electronic Communication Network) integrated with Talos.Through this integration, Talos users will "be able to access CROSSx's customized liquidity, high-speed trade execution, and tight bid-ask spreads. CROSSx aims not only to reduce trading costs but also to minimize market impact in the process, which is a key metric offered to clients in Talos's post-trade analytics suite."

ChainCatcher news, according to The Block, cryptocurrency trading software provider Talos, supported by companies like Citibank and a16z, has fully acquired the cryptocurrency risk management platform Cloudwall. The scale of the transaction has not been disclosed, but Talos stated that Cloudwall will enhance its existing cryptocurrency portfolio management system to help its institutional clients manage risk and optimize their portfolios.It is reported that Cloudwall is Talos's second acquisition following last year's D3X Systems. Talos co-founder and CEO Anton Katz stated that by acquiring Cloudwall, Talos will expand its PMS in the areas of spot, futures, perpetual equity, and options.

ChainCatcher news, according to official sources, DWF Labs has announced the launch of the OTC trading platform Liquid Markets, which provides compliant over-the-counter trading for blue-chip tokens and altcoins. Liquid Markets is an institutional-grade OTC trading platform, integrated with Fireblocks and Talos, simplifying liquidity connections and offering instant and private settlements for OTC trades.

ChainCatcher news, as a cryptocurrency trading platform primarily serving centralized exchanges, Talos has recently routed trades to the decentralized exchange Uniswap for the first time. This is not only Talos's first time sourcing liquidity from a decentralized exchange, but also Uniswap Labs's first integration with an enterprise-level API.

ChainCatcher news, according to The Block, the institutional-focused cryptocurrency exchange EDX Markets (EDXM) has announced the integration of digital asset institutional trading technology provider Talos. By integrating with Talos, EDX Markets gains access to a network composed of over 40 providers, including exchanges, custodians, over-the-counter desks, and market makers.It is reported that EDX Markets is supported by Charles Schwab, Citadel Securities, Fidelity Digital Asset, Paradigm, Sequoia Capital, and Virtu Financial, and was launched in June of this year. (Source link)

ChainCatcher news, according to CoinDesk, Coinbase Prime has reached a partnership agreement with Talos, where Coinbase Prime will provide spot liquidity and custody services for Talos clients, and Coinbase Prime clients will have access to Talos's trading products.ChainCatcher previously reported that Talos announced the completion of a $105 million Series B funding round at a valuation of $1.25 billion in May 2022, led by General Atlantic, with participation from Citigroup, Wells Fargo, a16z, and others. (source link)

ChainCatcher news, according to CoinDesk, crypto technology company Talos has added Amber Group as its latest liquidity provider to address the growing demand for crypto trading and investment in the Asia-Pacific region. Amber Group will allow Talos users to access the liquidity needed for trading through its WhaleFin platform. (CoinDesk)

Chain Catcher news, institutional digital asset trading technology provider Talos announced three new appointments: Frank van Zegveld as Head of EMEA Sales, Matt Houston as Director of Clients, and Hillary Conley as Director of Business Development.Frank van Zegveld will officially join Talos in October 2022 and will be based in Amsterdam; Matt Houston will be based in London, responsible for Talos's growing client base in EMEA; Hillary Conley will serve as the Director of Business Development in the New York office, responsible for executing Talos's go-to-market strategy, building partnerships, and driving revenue growth.According to Talos founder and CEO Anton Katz, the team will continue to expand in Europe, the Middle East, Africa, and other regions. Previous report, Talos completed a $105 million Series B funding round at a valuation of $1.25 billion, led by General Atlantic. (PR News)