Robinhood is investing in crypto trading platform Talos at $1.5 billion valuation

The $45 million Series B extension also includes participation from new strategic investors Sony Innovation Fund, IMC, QCP and Karatage. What to know : Robinhood is investing in Talos in an extended Series B funding round valuing the firm at about $1.5 billion. Talos provides institutional-grade crypto trading infrastructure, serving hundreds of clients globally and asset managers representing roughly $21 trillion in AUM. The round highlights growing demand for crypto market infrastructure, as Robinhood deepens its blockchain strategy and Talos continues to scale through M&A.(Coindesk)