Thursday, September 28, 2023
  • Login
EthozEdge
No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
Cryptocurrency Marketcap
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
EthozEdge
No Result
View All Result
Home Crypto News Bitcoin

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News

by ethozedge
May 11, 2022
in Bitcoin
Reading Time: 3 mins read
A A
0
Share on FacebookShare on Twitter


Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion.

Citi, Wells Fargo, BNY Mellon Participate in $105M Funding Round for Digital Asset Tech Firm

A number of major financial services companies, including Citi and Wells Fargo, have joined a funding round for Talos, a global firm that provides institutional digital asset trading technology.

Talos announced a $105 million Series B funding round Tuesday that values the company at $1.25 billion.

“Our institutional-grade infrastructure technology supports the full lifecycle of digital asset trading, from price discovery to execution through to settlement,” its website describes, adding that “Talos is removing the barriers to wide-scale crypto adoption.”

The funding round was led by global growth equity firm General Atlantic, the announcement notes, adding:

New 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.

Existing Talos investors included Andreessen Horowitz (a16z), Paypal Ventures, Castle Island Ventures, Fidelity Investments, Illuminate Financial, Initialized Capital, and Notation Capital.

Anton Katz, co-founder and CEO of Talos, commented:

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.

Tags in this story
Bitcoin, BNY Mellon, Citi, CitiBank, CitiGroup, Crypto, crypto infrastructure, Cryptocurrency, funding round, telos, Wells Fargo

What do you think about major financial services companies investing in digital asset firms? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It





Source link

Tags: AcceleratesAdoptionAssetsBitcoinbitcoin newsBNYCitiCryptocrypto analysiscrypto newsDigitalEthoz EdgeFargoFinanceFirmInstitutionalInvestLatest bitcoin newslatest crypto newsMellonNewsTalosWells
Share76Tweet47

Related Posts

JPMorgan, Citi Among Banking Giants Abuzz About Tokenization of Real-World Assets (RWA) as DeFi Craves Collateral

by ethozedge
September 28, 2023
0

Edging towards the public Ethereum mainnet has always been a delicate business, given that banks have traditionally viewed public blockchains...

Report Reveals Crypto Whale Center With Majority Of Transactions Crossing $1 Million

by ethozedge
September 28, 2023
0

A report from blockchain data analytics platform Chainalysis has revealed that the majority of crypto transactions in the United Arab...

Coinbase CEO Armstrong Alerts ‘5G Moment’ For Crypto

by ethozedge
September 28, 2023
0

Coinbase CEO, Brian Armstrong, has called for clear, comprehensive legislation in the crypto industry, cautioning that the United States is...

Ethereum Price Faces Rejection But Bulls Are Not Out of Woods Yet

by ethozedge
September 28, 2023
0

Ethereum price is attempting a fresh increase above $1,620 against the US Dollar. ETH must settle above $1,620 and $1,650...

Whitney Webb: Bitcoin And The Plot To Destroy Financial Privacy

by ethozedge
September 27, 2023
0

This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now.A PDF pamphlet of this article...

Load More
  • Trending
  • Comments
  • Latest

🔴 Bank of America Bets on Crypto

April 11, 2022

Pomelo Launches Family Credit Cards to Combine Credit and International Money Transfer

August 16, 2022

How to Add Polygon (MATIC) to Your MetaMask Wallet

May 28, 2022

The Sandbox Price Prediction 2022-2030: HODL or DUMP?

May 25, 2022

Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

0

At least 54 apes were stolen in BAYC Instagram hack

0

Binance Introduces New Crypto Card for Ukrainian Refugees

0

55,000 Meta Cricket League NFTs sell out in nine minutes

0

JPMorgan, Citi Among Banking Giants Abuzz About Tokenization of Real-World Assets (RWA) as DeFi Craves Collateral

September 28, 2023

Report Reveals Crypto Whale Center With Majority Of Transactions Crossing $1 Million

September 28, 2023

Marathon Digital Admits to Mining an Invalid Bitcoin Block

September 28, 2023

What Is Toncoin (TON)? Everything You Need To Know

September 28, 2023
Facebook Twitter LinkedIn Tumblr RSS
EthozEdge

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at EthozEdge

CATEGORIES

  • Altcoin News
  • Avalanche Network
  • Binance Smart Chain
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Regulation News
  • DeFi
  • Ethereum
  • EVM News
  • Fantom Opera Chain
  • Harmony Chain
  • Huobi Eco Chain
  • Metaverse
  • NFT
  • Polygon Chain
  • Scam News
  • Web 3.0
  • XDai Chain

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$27,058.003.11%
  • ethereumEthereum(ETH)$1,655.423.69%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$214.831.66%
  • rippleXRP(XRP)$0.510.90%
  • usd-coinUSDC(USDC)$1.00-0.16%
  • staked-etherLido Staked Ether(STETH)$1,655.153.70%
  • cardanoCardano(ADA)$0.2482981.70%
  • dogecoinDogecoin(DOGE)$0.0613331.44%
  • solanaSolana(SOL)$19.643.59%
  • ToncoinToncoin(TON)$2.244.49%
  • tronTRON(TRX)$0.0862601.30%
  • Wrapped stETHWrapped stETH(WSTETH)$1,865.020.37%
  • polkadotPolkadot(DOT)$4.072.02%
  • matic-networkPolygon(MATIC)$0.523.50%
  • litecoinLitecoin(LTC)$65.012.17%
  • bitcoin-cashBitcoin Cash(BCH)$237.903.45%
  • chainlinkChainlink(LINK)$7.973.97%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,093.003.44%
  • shiba-inuShiba Inu(SHIB)$0.0000071.15%
  • daiDai(DAI)$1.000.13%
  • true-usdTrueUSD(TUSD)$1.000.01%
  • leo-tokenLEO Token(LEO)$3.64-1.38%
  • uniswapUniswap(UNI)$4.434.87%
  • avalanche-2Avalanche(AVAX)$9.253.61%
  • stellarStellar(XLM)$0.1137211.27%
  • moneroMonero(XMR)$145.71-0.17%
  • okbOKB(OKB)$43.201.03%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • binance-usdBUSD(BUSD)$1.00-0.04%
  • ethereum-classicEthereum Classic(ETC)$15.813.47%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • cosmosCosmos Hub(ATOM)$7.152.17%
  • hedera-hashgraphHedera(HBAR)$0.0496070.78%
  • filecoinFilecoin(FIL)$3.292.76%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • lido-daoLido DAO(LDO)$1.598.57%
  • makerMaker(MKR)$1,527.664.36%
  • internet-computerInternet Computer(ICP)$3.063.96%
  • crypto-com-chainCronos(CRO)$0.0503550.78%
  • quant-networkQuant(QNT)$90.062.56%
  • MantleMantle(MNT)$0.3961902.32%
  • AptosAptos(APT)$5.361.69%
  • vechainVeChain(VET)$0.0168212.74%
  • ArbitrumArbitrum(ARB)$0.898.39%
  • optimismOptimism(OP)$1.313.41%
  • nearNEAR Protocol(NEAR)$1.102.87%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • KaspaKaspa(KAS)$0.0469470.30%
  • aaveAave(AAVE)$66.419.85%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,795.653.75%
  • BitDAOBitDAO(BIT)$0.592.96%
  • the-graphThe Graph(GRT)$0.0872862.22%
  • algorandAlgorand(ALGO)$0.0976063.28%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$5.18-0.25%
  • usddUSDD(USDD)$1.000.02%
  • blockstackStacks(STX)$0.4830275.72%
  • xdce-crowd-saleXDC Network(XDC)$0.0490850.46%
  • immutable-xImmutableX(IMX)$0.581.92%
  • havvenSynthetix Network(SNX)$2.081.29%
  • fraxFrax(FRAX)$1.00-0.09%
  • elrond-erd-2MultiversX(EGLD)$24.754.60%
  • theta-tokenTheta Network(THETA)$0.642.36%
  • radixRadix(XRD)$0.0630542.27%
  • sapphireSapphire(SAPP)$0.7035.32%
  • eosEOS(EOS)$0.571.98%
  • Bitget TokenBitget Token(BGB)$0.4559131.40%
  • tezosTezos(XTZ)$0.672.18%
  • the-sandboxThe Sandbox(SAND)$0.3049251.29%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • bitcoin-cash-svBitcoin SV(BSV)$32.122.43%
  • injective-protocolInjective(INJ)$7.272.21%
  • axie-infinityAxie Infinity(AXS)$4.521.98%
  • thorchainTHORChain(RUNE)$1.9311.28%
  • render-tokenRender(RNDR)$1.533.37%
  • decentralandDecentraland(MANA)$0.2978011.43%
  • fantomFantom(FTM)$0.1890951.46%
  • neoNEO(NEO)$7.312.11%
  • marumaruNFTmarumaruNFT(MARU)$0.25242622.62%
  • gatechain-tokenGate(GT)$3.65-5.30%
  • kavaKava(KAVA)$0.632.20%
  • ecasheCash(XEC)$0.0000252.25%
  • paxos-standardPax Dollar(USDP)$1.00-0.20%
  • compound-ethercETH(CETH)$33.163.50%
  • pax-goldPAX Gold(PAXG)$1,869.79-0.52%
  • flowFlow(FLOW)$0.4481931.79%
  • binaryxBinaryX(BNX)$165.94-5.94%
  • tether-goldTether Gold(XAUT)$1,863.39-0.90%
  • curve-dao-tokenCurve DAO(CRV)$0.520.83%
  • Halo CoinHalo Coin(HALO)$0.057352-0.04%
  • kucoin-sharesKuCoin(KCS)$4.592.57%
  • convex-crvConvex CRV(CVXCRV)$1.47183.77%
  • frax-shareFrax Share(FXS)$5.943.18%
  • apecoinApeCoin(APE)$1.197.67%
  • Frax EtherFrax Ether(FRXETH)$1,652.523.87%
  • rocket-poolRocket Pool(RPL)$21.950.72%
  • iotaIOTA(MIOTA)$0.1524032.55%
  • Rollbit CoinRollbit Coin(RLB)$0.12631917.66%
  • chilizChiliz(CHZ)$0.0582892.05%
  • Tokenize XchangeTokenize Xchange(TKX)$4.851.92%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.11%
  • huobi-tokenHuobi(HT)$2.41-0.33%
  • terra-lunaTerra Luna Classic(LUNC)$0.0000640.94%
  • mina-protocolMina Protocol(MINA)$0.3761841.73%
  • bittorrentBitTorrent(BTT)$0.0000001.45%
  • klay-tokenKlaytn(KLAY)$0.1137781.39%
  • galaGALA(GALA)$0.0135202.51%
  • DogechainDogechain(DC)$0.001787-24.98%
  • casper-networkCasper Network(CSPR)$0.0313641.28%
  • SuiSui(SUI)$0.4472943.62%
  • dydxdYdX(DYDX)$1.933.38%
  • gmxGMX(GMX)$37.445.54%
  • Coinbase Wrapped Staked ETHCoinbase Wrapped Staked ETH(CBETH)$1,732.863.51%
  • compound-governance-tokenCompound(COMP)$49.0621.66%
  • trust-wallet-tokenTrust Wallet(TWT)$0.782.72%
  • Nexus MutualNexus Mutual(NXM)$47.303.10%
  • Staked Frax EtherStaked Frax Ether(SFRXETH)$1,753.653.99%
  • apenftAPENFT(NFT)$0.0000000.37%
  • nexoNEXO(NEXO)$0.55-2.12%
  • dashDash(DASH)$26.851.80%
  • PepePepe(PEPE)$0.000001-1.29%
  • CyberHarborCyberHarbor(CHT)$10.12-49.84%
  • gemini-dollarGemini Dollar(GUSD)$1.000.02%
  • WEMIXWEMIX(WEMIX)$0.92-1.84%
  • woo-networkWOO Network(WOO)$0.1669722.20%
  • zilliqaZilliqa(ZIL)$0.0170351.82%
  • safemoonSafeMoon [OLD](SAFEMOON)$0.0000000.05%
  • 1inch1inch(1INCH)$0.2684424.32%
  • arweaveArweave(AR)$4.232.97%
  • Shib Original VisionShib Original Vision(SOV)$0.00000012.40%
  • FlareFlare(FLR)$0.010824-1.02%
  • pancakeswap-tokenPancakeSwap(CAKE)$1.171.74%
  • conflux-tokenConflux(CFX)$0.1251962.47%
  • gnosisGnosis(GNO)$100.483.20%
  • liquity-usdLiquity USD(LUSD)$0.990.08%
  • basic-attention-tokenBasic Attention(BAT)$0.1732022.96%
  • AstarAstar(ASTR)$0.0485454.14%
  • IdeaChainIdeaChain(ICH)$4.730.00%
  • ftx-tokenFTX(FTT)$1.89-21.52%
  • Crypto Gladiator LeagueCrypto Gladiator League(CGL)$0.16194440.57%
  • Utility Web3ShotUtility Web3Shot(UW3S)$0.4725710.00%
  • convex-financeConvex Finance(CVX)$3.070.03%
  • flex-coinFLEX Coin(FLEX)$2.48357.01%
  • huobi-btcHuobi BTC(HBTC)$26,941.002.79%
  • tomiNettomiNet(TOMI)$3.22-1.39%
  • SafePalSafePal(SFP)$0.571.52%
  • WorldcoinWorldcoin(WLD)$1.812.98%
  • qtumQtum(QTUM)$2.233.61%
  • illuviumIlluvium(ILV)$39.802.60%
  • bitcoin-goldBitcoin Gold(BTG)$13.331.21%
  • Manchester City Fan TokenManchester City Fan Token(CITY)$11.87-1.78%
  • oec-tokenOKT Chain(OKT)$13.032.27%
  • nemNEM(XEM)$0.0258112.80%
  • chiaChia(XCH)$26.911.46%
  • celoCelo(CELO)$0.4513862.09%
  • world-mobile-tokenWorld Mobile Token(WMT)$0.2920233.33%
  • compound-usd-coincUSDC(CUSDC)$0.023053-0.06%
  • escoin-tokenEscoin(ELG)$2.720.64%
  • mx-tokenMX(MX)$2.263.71%
  • fetch-aiFetch.ai(FET)$0.2175563.16%
  • Meerkat SharesMeerkat Shares(MSHARE)$11,715.17-5.03%
  • ecomiECOMI(OMI)$0.0008280.79%
  • DeFiChainDeFiChain(DFI)$0.2978552.44%
  • compound-usdtcUSDT(CUSDT)$0.0190980.00%
  • singularitynetSingularityNET(AGIX)$0.1798882.49%
  • enjincoinEnjin Coin(ENJ)$0.2221770.65%
  • Staked LunaStaked Luna(STLUNA)$88.35-0.49%
  • loopringLoopring(LRC)$0.1755312.46%
  • mask-networkMask Network(MASK)$2.653.75%
  • tether-eurtEuro Tether(EURT)$1.060.48%
  • SeiSei(SEI)$0.1196292.85%
  • Bone ShibaSwapBone ShibaSwap(BONE)$0.84-3.34%
  • decredDecred(DCR)$13.532.42%
  • theta-fuelTheta Fuel(TFUEL)$0.0333481.47%
  • oasis-networkOasis Network(ROSE)$0.0415612.64%
  • Access ProtocolAccess Protocol(ACS)$0.002065-3.42%
  • heliumHelium(HNT)$1.430.96%
  • zcashZcash(ZEC)$26.280.32%
  • Ankr Staked ETHAnkr Staked ETH(ANKRETH)$1,925.73-2.13%
  • aragonAragon(ANT)$5.093.83%
  • terra-luna-2Terra(LUNA)$0.52-0.62%
  • justJUST(JST)$0.0225712.22%
  • telosTelos(TLOS)$0.76-4.60%
  • CoinmetroCoinmetro(XCM)$0.66506.72%
  • olympusOlympus(OHM)$11.420.97%
  • ethereum-name-serviceEthereum Name Service(ENS)$7.542.08%
  • Aleph ZeroAleph Zero(AZERO)$0.801.97%
  • osmosisOsmosis(OSMO)$0.3120981.82%
  • ankrAnkr Network(ANKR)$0.0193141.57%
  • biconomyBiconomy(BICO)$0.29113343.47%
  • SifchainSifchain(EROWAN)$0.154725-4.65%
  • BeldexBeldex(BDX)$0.0333961.69%
  • moonbeamMoonbeam(GLMR)$0.247188-4.56%
  • FUBT TokenFUBT Token(FUC)$2.09-1.05%
  • akash-networkAkash Network(AKT)$0.848.77%
  • BolideBolide(BLID)$0.029333-6.99%
  • stepnSTEPN(GMT)$0.1538172.49%
  • holotokenHolo(HOT)$0.0010300.99%