General Atlantic leads $105 million funding in crypto trading platform Talos


FILE PHOTO Representations of cryptocurrencies Bitcoin Ethereum DogeCoin Ripple Litecoin are placed on PC motherboard in this illustration taken June 29 2021. REUTERSDado RuvicIllustration

FILE PHOTO: Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) - Digital asset trading platform Talos said on Tuesday it has raised $105 million in an early-stage funding round led by U.S. private equity firm General Atlantic, taking the company's valuation to $1.25 billion.

Leading banks such as Citigroup Inc, Wells Fargo & Co's investment arm and BNY Mellon Corp also invested in the Series B round, along with New York City-based global growth investor Stripes and SCB 10X, the venture arm of Thailand's Siam Commercial Bank Pcl.

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