Talos, the New York–based digital asset infrastructure provider, has secured a $45 million extension to its Series B round, lifting the round’s total proximity to $150 million and valuing the company at roughly $1.5 billion. The extension brings in new strategic investors including Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, while retaining participating backers such as a16z crypto, BNY Mellon and Fidelity Investments. Talos said the fresh capital would accelerate product development across its trading, portfolio management, execution, treasury and settlement tools, and help broaden support for tokenized traditional assets on its platform. Founded in 2018, Talos has positioned itself as a backbone for institutional crypto operations, offering software that enables clients to trade, manage and settle digital asset positions across exchanges, OTC desks, custodians and other liquidity providers. The company highlighted that revenue and its client base have doubled over...