{"id":12289,"date":"2022-05-13T16:26:54","date_gmt":"2022-05-13T16:26:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/index.php\/2022\/05\/13\/citi-wells-fargo-bny-mellon-and-others-invest-105-in-digital-asset-provider-talos\/"},"modified":"2022-05-13T16:26:54","modified_gmt":"2022-05-13T16:26:54","slug":"citi-wells-fargo-bny-mellon-and-others-invest-105-in-digital-asset-provider-talos","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/citi-wells-fargo-bny-mellon-and-others-invest-105-in-digital-asset-provider-talos\/","title":{"rendered":"Citi, Wells Fargo, BNY Mellon And Others Invest $105 in Digital Asset Provider Talos"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Major financial institutions, including Citi, Wells Fargo, and BNY Mellon, have joined a funding round for institutional digital asset technology provider Talos, which aims to remove \u201cthe barriers to wide-scale crypto adoption.\u201d<\/p>\n<p>With the raise of $105 million, the Series B funding round values Talos at $1.25 billion. The announcement stated:<\/p>\n<p>\u201cOur institutional-grade infrastructure technology supports the full lifecycle of digital asset trading, from price discovery to execution through to settlement. Talos is removing the barriers to wide-scale crypto adoption.\u201d<\/p>\n<p>The investment round was led by General Atlantic, and included several major financial services firms, the announcement added:<\/p>\n<blockquote>\n<p>\u201cNew investors including Stripes, BNY Mellon, Citi, Wells Fargo Strategic Capital, DRW Venture Capital, SCB 10x, Matrix Capital Management, Fin VC and Voyager Digital, Graticule Asset Management Asia (GAMA) and Leadblock Partners joined the round.\u201d<\/p>\n<\/blockquote>\n<p>Early Talos investors include Andreessen Horowitz (a16z), Paypal Ventures, Castle Island Ventures, Fidelity Investments.<\/p>\n<p>Co-founder and CEO of Talos, Anton Katz, commented:<\/p>\n<blockquote>\n<p>\u201cThis funding round represents a major inflection point for the industry. We\u2019ve long heard that \u2018the institutions are coming.\u2019 The institutions are now here, and we\u2019re extremely proud to be the digital asset trading platform of choice for leading institutions around the world.\u201d<\/p>\n<\/blockquote><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/citi-wells-fargo-bny-mellon-and-others-invest-105-in-digital-asset-provider-talos\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Major financial institutions, including Citi, Wells Fargo, and BNY Mellon, have joined a funding round for institutional digital asset technology provider Talos, which aims to remove \u201cthe barriers to wide-scale crypto adoption.\u201d With the raise of $105 million, the Series B funding round values Talos at [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/12289"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=12289"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/12289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/12290"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=12289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=12289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=12289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}