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Talos, a crypto-trading platform, raises $40 million from a16z and other investors

Talos, a crypto-trading platform, raises $40 million from a16z and other investors

New York-based provider of cryptocurrency trading technology Talos closed a $40 million Series A round.

The round was led by venture firm Andreessen Horowitz with participation from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, STEADAST Capital Ventures and early investors.

Founded in 2018 by Anton Katz and Ethan Feldman, Talos provides direct access to crypto markets, price monitoring, reporting, clearing, and other services for institutional clients.

In April, former Goldman Sachs head of digital assets Justin Schmidt joined the project team.

Ledn raised $30 million.

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