Talos raised 105 million dollars
Talos, a cryptocurrency start-up backed by PayPal, has become the industry's newest unicorn, with a $1.25 billion value following additional fundraising. Talos has secured 105 million USD in a Series B fundraising round headed by General Atlantic, a prominent global growth equity company. Talos will use the funds to expand its institutional-grade digital asset platform and accelerate its growth across Asia-Pacific and Europe. Major players in both traditional finance and the crypto business participated in the round, including Ken Fox's private equity company Stripes, BNY Mellon, Citi, Wells Fargo Strategic Capital, investment companies including DRW and SCB 10x, crypto trading platform Voyager, and others.
Existing investors from Talos' $40 Series A investment, which completed in May 2021, were also participated in the fundraising round, including Andreessen Horowitz, PayPal Ventures, Fidelity Investments, Castle Island Ventures, Illuminate, Notation Capital, and Initialized Capital.
Talos, founded in 2018, is an institutional-grade infrastructure technology provider in the cryptocurrency business, including trading, settlement, and other services.
Crypto Unicorn. (Source: Newsbitcoin.cash)
Sources:
https://cointelegraph.com/news/talos-raises-105m-to-become-the-latest-crypto-unicorn-valued-at-1-3b
https://newsbitcoin.cash/talos-raises-105m-become-latest-crypto-unicorn/
https://www.cryptoknowmics.com/news/talos-becomes-the-latest-crypto-unicorn-valued-at-1-3b
Try to invite your friends and earn together
10% of trading fees of your friends and 5% from the earnings of your friends.
