Robinhood Backs Talos with $45M in Series B Extension at $1.5B Valuation

Robinhood invests $45 million in crypto platform Talos, reaching a valuation of $1.5 billion with new strategic partners joining the round.

In an exciting development for the cryptocurrency sector, Robinhood has announced a significant investment in Talos, a crypto trading platform, during its latest funding round. The extension of the Series B round brings in an additional $45 million, elevating Talos’ valuation to an impressive $1.5 billion.

This latest investment round has also seen participation from a range of new strategic investors, including notable names such as Sony Innovation Fund, IMC, QCP, and Karatage. Their involvement highlights the growing interest and confidence in Talos' vision and potential within the cryptocurrency trading landscape.