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Robinhood's crypto trading platform Talos, valued at $1.5 billion

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On January 29, Robinhood announced it has invested in Talos’ Series B extension round, pushing the institutional-grade crypto trading infrastructure provider’s valuation to approximately $1.5 billion. This round includes $45 million in new capital, with backers including the Sony Innovation Fund, IMC, QCP, and Karatage—while existing shareholders like a16z crypto, BNY, and Fidelity also participated. Talos delivers end-to-end crypto trading infrastructure to hundreds of global institutional clients, which collectively manage roughly $21 trillion in assets. This funding underscores institutional demand for crypto market infrastructure and reflects Robinhood’s accelerated push into blockchain and crypto-native finance—including building its own Arbitrum ecosystem blockchain, tokenized stock trading, and a suite of diversified crypto products.
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