Institutional digital asset trading platform Talos is going on a hiring spree after raising a solid $105 million Series B funding round.
Last week, Talos announced that it had raised capital at a unicorn valuation of $1.25 billion. Big-name investors participated in the round with General Atlantic leading and participation from traditional financial services BNY Mellon, Citi, and Wells Fargo – along with others including Andreesen Horowitz, Fidelity, Stripe, and PayPal Ventures.
Talos is quickly putting the new money to use with four key hires: Pamela Lee as Head of APAC Sales, Karan Dalwani as Director of Customer Success for APAC, Phillip Beasley-Harling as VP of Engineering for EMEA, and Conor Shea as Head of Marketing and Communications. Talos plans to keep hiring as it expands operations.
Talos has been up and running since 2019 but revealed its platform publicly last fall. Talos aims to provide an enterprise-level trading platform for big money with a full-stack trading platform including pricing, clearing and settlement – in spot trading, futures, and FX markets.
Talos started 2021 with 11 employees but ended the year with around 50 employees.
The mission is global, both branded and white-labeled, including prime brokers, OTC desks, exchanges, custodians, retail brokers, and lenders. The current business is a mix of about 50% buy-side investors and 50% service providers.
Anton Katz, co-founder and CEO of Talos, said they are thrilled with the talent they are able to attract:
“The extensive leadership and industry expertise of these new hires will enable us to further solidify ourselves as the leading provider of digital asset trading technology. We’re excited to welcome Pamela, Phil and Conor to the team.”
Based in NYC, Talos has additional offices in, Sweden, London, and Singapore.