Talos closes USD 40 mln funding round

Friday 28 May 2021 10:07 CET | News

Talos, a provider for digital asset trading, has completed a USD 40 million Series A investment round.

The financing was led by Andreessen Horowitz and includes investments from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital Ventures.

The Talos platform is designed to help institutions manage the trade lifecycle, including liquidity sourcing, direct market access, price discovery, algorithmic trade execution, transaction cost analysis (TCA), reporting, clearing, and settlement.

According to GlobeNewswire, with Talos, market players can interact with different providers through a single API or GUI which are both configurable to their investment or workflow requirements.

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Keywords: funding, digital assets, trading platform, API
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: United States
This article is part of category

Blockchain & Cryptocurrencies