"We believe the digital assets infrastructure will have a wide-scale impact on the entire financial industry as traditional asset classes ultimately migrate to this new technology as well," said Anton Katz, co-founder, and CEO of Talos. "This funding round - and our investors, which include some of the most storied institutions on Wall St.-- represents a major inflection point for the industry. We've long heard that 'the institutions are coming', but the institutions are already here. We're extremely honored to have their confidence and support."
Talos' funding comes on the heels of the firm seeing institutional trading volume explode 20x Year-over-Year (YoY). Existing investors including Andreessen Horowitz, PayPal Ventures, Castle Island Ventures, Fidelity Investments, Illuminate, Initialized Capital, and Notation Capital also extended their partnerships with Talos through this newest funding round. The new capital will provide the team with resources to grow its footprint in APAC and Europe while continuing to scale and expand its technology offerings to support the complete, end-to-end trade lifecycle and strengthen its powerful pre and post-trade tools.
Talos also intends to leverage the funding to further expand its world-class team across the globe. The team has grown by over 400% during the past year and offers opportunities in New York, London, Sweden, and Singapore, as well as fully remote roles.
About Talos
Talos powers digital asset trading strategies globally. Engineered by a team with unmatched experience in building institutional trading systems, the Talos platform is trusted by the largest and most sophisticated market participants and their end clients for its performance, reliability, and security. Its growing network of services - trading platform, lending marketplace, data and analytics, and portfolio and settlement tools, all offered directly or through service providers on a white-label basis - enable clients of all types to transact end-to-end without concern for unnecessary intermediary risk or potential conflicts of interest. Talos has offices in New York, London, Sweden, and Singapore. If you're excited about building an entirely new generation of financial assets and would like to join the team, visittalos.com/join-talos for more information.
About SCB 10X
SCB 10X Co., Ltd. is a holding company of the SCBX Group and was established in January 2020 with a "moonshot mission" to achieve exponential growth through technology innovation and investment with a focus on disruptive technology, Digital assets, Blockchain, the Metaverse, and Web 3.0. via its two arms: Venture Capital and Venture Builder.For more information, please visit https://scb10x.com/.
