Talos announced on Jan. 29 that it has raised $45 million in an extension of its Series B funding round. This has raised its total funds to $150 million. The valuation of the institutional trading infrastructure firm is around $1.5 billion.
This extension has been possible due to high interest from strategic partners. This is in addition to the earlier commitments made in the last fundraising round.
Robinhood Markets, Sony Innovation Fund, IMC, QCP, and Karatage have joined in raising funds in this extension. a16z crypto, BNY, and Fidelity Investments, which were already invested in Talos in its last fundraising round, have also joined in.
Talos Adopts Stablecoin Settlement Amid On-Chain Growth
Talos has confirmed this move. Talos has made all these investments in line with its expansion strategy. In its last fundraising round in May 2022, Talos had raised $105 million in its Series B funding round. This amount valued the firm at $1.25 billion. The funds were raised from General Atlantic.
It had also received support from other investors like Stripe, BNY Mellon, Citi, Wells Fargo Strategic Capital, Voyager, Andreessen Horowitz, PayPal Ventures, and Fidelity Investments.
A part of the latest investment was settled using stablecoins. Talos explained that this is a result of the increasing use of on-chain settlement in venture funding. Mesh reported similar activity with its Series C round on Jan. 27, which also involved the use of stablecoins as a part of the settlement.
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The firm explained that the Series B funds were originally intended for the development of the platform and the expansion of the business to Europe and the Asia-Pacific region.
Expanding Institutional Trading Infrastructure
The company reported $27.2 million in revenue for 2023 and $45.5 million as of June 2025, indicating the continued demand for digital asset trading tools among institutions.
The company explained that the platform now offers support for liquidity sourcing, price discovery, trading execution, and settlement, as well as portfolio management. Talos explained that its aim is a unified infrastructure layer for institutions to operate within the digital asset market.
The company explained that the Series B extension will support technical upgrades and improve workflows for its services through new strategic partnerships.
The Series B extension strengthens its position in the evolving institutional crypto market. The company explained that the Series B extension will also allow the company to meet the requirements of regulatory standards such as the SEC and MiCA.
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