Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, with new strategic investors like Robinhood Markets, Sony Innovation Fund, IMC, QCP, and Karatage. The company’s valuation is now around $1.5 billion. Talos plans to expand product development and support tokenized traditional assets on its platform.

Talos, a New York-based company founded in 2018, doubled revenue and client base in the past two years. They added integrations with BlackRock’s Aladdin system and acquired blockchain analytics company Coin Metrics for $100 million in July. Investors are showing interest in companies building crypto payments and market infrastructure.

Stripe secured $500 million for its blockchain initiative, Tempo, with a $5 billion valuation, while Mesh raised $75 million in a Series C round led by Dragonfly Capital for its crypto payments infrastructure. Crypto infrastructure firms are attracting capital for platforms focused on settlement, stablecoins, and institutional-scale financial rails.

Read more at Cointelegraph: Talos Extends Series B to $150M with Robinhood, Sony Backing