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New Deal


Announced

Completed

General Atlantic led a $105m Series B round in Talos.

Financials

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Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Private Equity

Acquisition

Digital Services

Single Bidder

Friendly

Completed

United States

Venture Capital

digital assets

Cross Border

Minority

fintech

Synopsis

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General Atlantic led a $105m Series B round in Talos, a provider of institutional digital asset trading technology, with participation from Stripes, BNY Mellon, Citi, Wells Fargo Strategic Capital, DRW Venture Capital, SCB 10x, Matrix Capital Management, Fin VC, Voyager Digital, Graticule Asset Management Asia and LeadBlock Partners. "This funding round represents a major inflection point for the industry. We've long heard that 'the institutions are coming'. The institutions are now here, and we're extremely proud to be the digital asset trading platform of choice for leading institutions around the world," Anton Katz, Talos CEO.

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