Citi, BNY Mellon and Wells Fargo, one of the world’s leading banks, participated in the financing round of the US crypto company Talos.
It is stated that Talos is aimed at institutional investors to adopt cryptocurrencies.
According to a press release on May 10 105 million dollars Having completed its Series B funding round, Talos $1.25 billion reached valuation. In the financing round led by General Atlantic, which invests in technology companies; Fidelity Investments, excluding venture capital investors Andreessen Horowitz, PayPal Ventures, Illuminate Financial, Initialized Capital and Notation Capital is located.
According to many commentators, the investment made continues to rise despite the recent decline in cryptocurrencies.He states that traditional companies still want to invest in digital assets.
Aaron Goldman, General Atlantic’s Managing Director and Head of Financial Services, stated that he thinks Talos is in a good position, which is striving to get institutional investors to join the cryptocurrency industry.
Jason Vitale of BNY Mellon:
This investment is an example of how BNY Mellon believes in the future of digital assets.
made statements.