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Andreessen Horowitz leads $40M investment round into crypto-trading platform


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Talos, an up-and-coming institutional technology provider for cryptocurrency trading, has secured $40 million in Series A funding from some of the biggest venture capitalists in the digital asset market. 
The raise, which was led by Andreessen Horowitz, also had participation from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial and Steadfast Capital Ventures.
Talos said the Series A funding will help bootstrap the expansion of its institutional trading platform. The company provides fund managers and other institutions with liquidity sourcing, direct market access, and clearing and settlement services. Its clients include buy-side institutions and financial service providers such as banks, broker-dealers, OTC desks, custodians and exchanges. ....

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PayPal Ventures & Fidelity Investments Participated in $40 Million Series A Funding Round For Digital Asset Trading Tech Provider Talos


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PayPal Ventures & Fidelity Investments Participated in $40 Million Series A Funding Round For Digital Asset Trading Tech Provider Talos
 
 
Talos, a U.S.-based institutional technology provider for digital asset trading, today announced the completion of a $40 million Series A investment round, which was led by Andreessen Horowitz with participation from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital Ventures.
Launched in 2019, Talos provides an institutional-grade technology infrastructure that supports the full lifecycle of digital assets trading, from price discovery to execution through to settlement.
“Engineered by a team with unmatched experience building institutional trading systems, the Talos platform connects the diverse group of participants involved in today’s crypto-asset market structure – institutional investors, prime brokers, exchanges, OTC desks, lenders, and cust ....

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Dalmore Group Teams with Global Wine Marketplace Vinsent for Direct Reg CF Offering
Veteran Reg A+ Broker-Dealer DalmoreGroup announced the Reg CF launch ofVinsent, a company that is working toenhance the wine industry ecosystem .
Pakt Bags, Inc. Launches Investment Campaign to Expand Line of Exceptional Travel Products, raising up to $1.07M
Brooklyn, NY, April. 14, 2021 Pakt, Inc., a company that createsgear built for the modern traveler, .
SKILLICORN Technologies announces the launch of their Los Fresnos Project Regulation CF Offering on the InfraShares crowdfunding platform.
This Regulation CF offering isseeking front-end financing for theLos Fresnos Project. For a minimum .
NanoVMs Launches Investment Round On StartEngine ....

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Fidelity Warns on SPAC Listings - Traders Magazine


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Adam Welham, head of European equity capital markets at Fidelity Management & Research, said the increase in listings by Special Purpose Acquisition Companies is potentially dangerous.
Welham spoke on a panel, Global IPO Innovations – Why Now?, at UK FinTech Week on 19 April. He said the explosion of listings by SPACs in the US is the most extraordinary development in ECM in the last 20 years.
“You’ve got this alternative route to an initial public offering which is potentially quite a dangerous development for a number of reasons,” he added.
️ There are lots of reasons why it’s [direct listing] being pursued more. It’s a combination of price and transparency, and companies are trying to take a bit more ownership of the process.” ....

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