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Robinhood Backs Talos in $150M Crypto Infrastructure Bet
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Robinhood has joined forces with Sony and other major players to back Talos, a crypto trading platform, in a fresh funding round that values the company at $1.5 billion.
The funding comes amid Robinhood’s growing push into blockchain -based trading infrastructure, including tokenized assets and onchain settlement.
Talos, a leading institutional crypto trading technology firm, announced the close of a $45 million extension to its Series B funding round.
Robinhood and Sony are among the new strategic investors participating in this extension, signaling increasing confidence in digital asset infrastructure.
Johann Kerbrat, Robinhood’s Senior Vice President and GM of Crypto, said that Talos’s flexibility and advanced infrastructure help deliver deeper liquidity and more sophisticated features to Robinhood Crypto customers.