The latest major funding round for crypto trading infrastructure firm Talos is raising $105 million from investors including banking giants Citi, BNY Mellon and Wells Fargo.
In a new press release, the New York-based company says that global growth equity firm General Atlantic led the Series B funding round that brought Talos’ current value to $1.25 billion.
The new funding round brought major investors including Citi, BNY Mellon, Wells Fargo, Stripes, Strategic Capital, DRW Venture Capital, SCB 10x, Matrix Capital Management, Fin VC and Voyager Digital, Graticule Asset Management Asia (GAMA) and LeadBlock Partners.
The firm’s existing investors including Andreessen Horowitz, PayPal Ventures, Castle Island Ventures, Fidelity Investments, Illuminate Financial, Initialized Capital, and Notation Capital also participated.
The additional investment comes as Talos experiences explosive