Institutional Crypto Platform Talos Emerges From Stealth Mode

PayPal-backed crypto firm Talos has raised fresh funding from companies like Ken Fox’s private equity firm Stripes, BNY Mellon, Citi and others. PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding.Talos has raised $105 million in Series B funding round led by a major global growth equity firm, General Atlantic, according to an announcement released on May 10.The funding will help Talos extend its institutional-grade digital asset platform as well as accelerate the firm’s expansion into the....

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....

Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission. 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....

Uruguay-headquartered bitcoin startup Moneero has officially exited stealth mode, and announced that its debut wallet services are open to an initial batch of users. The news coincides with the launch of the company's currency agnostic banking system, Moneero ROX, a tool Moneero says allows it to manage accounts and subaccounts in a variety of currencies, including bitcoin, litecoin, Ripple, fiat and smart property. Speaking to CoinDesk, chief product officer and co-founder Steven Morell told CoinDesk that ROX will allow Moneero to one day extend its full suite of finished services -....

Execoin (http://execoin.net), the fast ASIC-resistant crypto currency, proudly presents the first open-source Electrum wallet with stealth addresses technology! After months of intensive development, the Execoin team has released its own open-source implementation of stealth addresses technology based on the Electrum-EXE wallet (http://electrum-exe.org/stealth). Unlike proprietary closed-source stealth payment solutions currently available on the market, the Electrum-EXE code can be audited in order to make sure that there are no security vulnerabilities or intentional backdoors .....