Robinhood puts money into Talos at a $1.5 billion valuation as crypto trading plumbing draws fresh backers
Robinhood joined a $45 million Series B extension for crypto trading tech firm Talos, raising Talos’s total Series B funding to $150 million and valuing the company at about $1.5 billion. Talos said stablecoins were used to settle part of the transaction. The firm reported nearly doubling revenue and client numbers annually for the past two years.