Talos, the New York based institutional digital asset infrastructure provider, announced a $45 million extension to its Series B round. This brings the total Series B funding to approximately $150 million and values the company at around $1.5 billion.

The extension includes both new and existing investors. New participants are Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage. They join earlier backers a16z crypto, BNY Mellon and Fidelity Investments. Talos noted that several of these investors are also clients or strategic partners.

Part of this new investment was settled in stablecoins.

What Talos Builds for Institutions

Talos provides software that supports the full lifecycle of institutional digital asset activity. Its platform covers trading, portfolio management, execution, risk tools, treasury operations and settlement, along with data and analytics.

The system connects clients to multiple trading venues, custodians and liquidity sources. This type of connectivity is a core requirement for institutions operating in digital assets at scale.

How the Company Plans to Use the Funds

Talos stated that the new capital will go toward expanding product development across portfolio construction, risk management, execution tooling, treasury operations and settlement capabilities.

The company also plans to expand support for traditional asset classes as they become tokenized on blockchain infrastructure.

A Small Detail That Says a Lot

Talos highlighted that a portion of the funding was settled using stablecoins. For a transaction of this size, that choice reflects how blockchain based payment rails are being used in serious institutional financial activity.

Key takeaways for fintech startups

A few practical observations from this announcement:

• Talos extended its Series B by $45 million, bringing the total to about $150 million at a roughly $1.5 billion valuation.
  
  
• New strategic investors include Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside existing backers a16z crypto, BNY Mellon and Fidelity Investments.
  
  
• Some of the funding was settled in stablecoins.
  
  
• The capital will be used to expand product capabilities across trading, risk, treasury, settlement and support for tokenized assets.

If you are thinking about how infrastructure decisions shape your fintech product and strategy, contact us to talk it through.