Talos Secures $45M Series B Extension from Robinhood, Total Funding Hits $150M Milestone

Institutional crypto infrastructure just got another massive vote of confidence—and this time, it's coming from a household name in retail trading.

Robinhood Bets Big on Crypto's Backbone

Robinhood isn't just dipping a toe into digital assets anymore. The trading platform's strategic move to back Talos's latest funding round signals a deeper play: building the pipes that power professional crypto trading. This isn't about flashy consumer apps—it's about the unsexy, critical infrastructure that makes large-scale digital asset transactions possible.

The $150M War Chest

With this extension, Talos has now raised a total of $150 million. That capital isn't for marketing blitzes or meme campaigns. It's earmarked for scaling the institutional-grade trading, settlement, and data systems that hedge funds, banks, and asset managers rely on. The message is clear: the smart money is preparing for crypto's next phase, and they're investing in the tools to navigate it.

Why the Backroom Tech Matters

While retail traders chase the next trending token, the real evolution is happening behind the scenes. Platforms like Talos provide the connectivity, security, and liquidity aggregation that turn crypto from a speculative playground into a functional asset class. Robinhood's backing suggests they see the future not just in facilitating trades, but in owning the platform those trades run on—a classic case of selling the picks and shovels during a gold rush, even if some of the prospectors are still figuring out what they're digging for.

The move underscores a growing divide: the front-end frenzy of retail trading versus the hardened, high-stakes infrastructure being built for institutions. One gets the headlines; the other gets the nine-figure funding rounds. And in traditional finance fashion, they're building the toll roads before the highway's even finished.

Other investors include Sony Innovation Fund, IMC, QCP and Karatage as demand grows for institutional-grade digital asset infrastructure.

The latest round increases Talos’s total Series B fundraising to $150 million and values the company at approximately $1.5 billion on a post-money basis.

Strategic Investors Join Talos Series B Extension

Talos said the extension was driven by interest from partners and clients seeking closer alignment with the firm’s role in building Core trading and portfolio infrastructure for digital assets.

“We extended our Series B round to accommodate interest from strategic partners who recognize Talos’s role in providing CORE institutional infrastructure for digital assets,” said Anton Katz, CEO and co-founder of Talos.

Katz added that as traditional asset classes increasingly migrate to digital rails, investors are looking to support platforms that can underpin the next generation of financial markets.

What Talos Provides for Institutions

Talos positions itself as a full-stack institutional digital asset technology provider, offering infrastructure, data and tools that support the complete trading and portfolio management lifecycle.

The platform delivers front-, middle- and back-office functionality, enabling institutions to execute trades, manage liquidity, monitor risk, and support settlement and treasury operations across crypto markets.

Sony Ventures CEO Kazuhito Hadano said Talos has evolved beyond order execution into a comprehensive institutional solution supported by robust analytics and data services.

Robinhood’s Johann Kerbrat, senior vice president and general manager of crypto, said Talos’s flexibility allows Robinhood to deepen liquidity and deliver advanced features for its crypto customers.

Stablecoin Settlement and Product Expansion Plans

Talos said a portion of the investment was settled using stablecoins, reflecting the growing use of blockchain-based payment rails in institutional transactions.

The company plans to use proceeds to expand product development across its platform, including portfolio construction, risk management, execution, treasury and settlement tools.

Talos also intends to broaden support for traditional asset classes as they increasingly become tokenized or migrate onto digital infrastructure.

Momentum and Recent Acquisitions

The fundraising follows what Talos described as strong momentum, with the company roughly doubling revenues and its client base each year over the past two years.

Talos recently launched its request-for-quote (RFQ) platform with BlackRock traders on the Aladdin platform, signaling deeper integration between digital asset markets and traditional finance workflows.

The company has also completed acquisitions of several digital asset firms, including Coin Metrics, Cloudwall, Skolem and D3X Systems, expanding its capabilities across data services, risk management, DeFi infrastructure and portfolio engineering.

Investor commentary highlighted Talos’s positioning as institutional adoption accelerates. IMC’s Jae Park said Talos’s focus on performance, safety and reliability makes it a preferred gateway for institutions entering digital asset markets.

QCP founder Darius Sit added that digital assets are increasingly becoming the rails for broader capital markets, with Talos building the infrastructure to support that transition.