According to Tech Crunch, Titan, a startup company that is building a retail investment management platform, received $58 million in a Series B financing led by Andreessen Horowitz (a16z). 

This brings Titan's total financing amount to $75 million since its establishment in 2017, with a valuation of $450 million.

Participants in the Series B financing include General Catalyst, BoxGroup, Ashton Kutcher's Sound Ventures, and professional athletes and celebrities such as Odell Beckham Jr., Kevin Durant, Jared Leto, and Will Smith. 

Titan plans to launch its cryptocurrency product Titan Crypto on August 3, which is said to be the first and only actively managed cryptocurrency asset portfolio available to US investors. as Titan's custody partner is still seeking regulatory approval from the New York State, all U.S. residents can use Titan Crypto at the time of launch except New York. 

By Mary Liu