- Talos has acquired Skolem to enable clients to incorporate DeFi into their workflows, setting a new standard for digital asset OEMS and PMS.
- This acquisition allows institutional investors to access decentralized finance markets with institutional-grade data and execution infrastructure.
- Anton Katz, CEO and Co-Founder of Talos, emphasized the growing role of DeFi in the digital asset ecosystem and the increasing institutional interest.
Talos acquires Skolem to integrate DeFi into institutional workflows, enhancing digital asset OEMS and PMS capabilities.
A digital asset OEMS and PMS that incorporates DeFi end-to-end
Talos believes that, as institutional interest in DeFi grows, so too will the demand for a comprehensive technology stack that can provide safety, advanced user execution, and risk management when accessing protocols. Talos is thus investing in the foundations necessary to enable institutions to interact with the complex DeFi ecosystem and to incorporate on-chain data into their workflows.
Anton Katz, CEO and Co-Founder of Talos, said: “DeFi is playing a growing role in the digital asset ecosystem and we’ve seen increasing interest from both crypto-native and traditional institutions. Institutional demand is driven by access to liquidity for a broader range of emerging assets as well as novel opportunities to deploy digital assets. Skolem’s pioneering technology will position Talos to set a new standard for the digital asset OEMS and PMS – one that incorporates DeFi end to end.”
Talos partnered with TP ICAP and Crossover Markets
Earlier this month, Talos welcomed Crossover’s CROSSx institutional crypto trading venue into its existing provider network that connects digital asset exchanges, OTC desks, prime brokers, lenders, custodians, and more, through a single point of entry.
This year, Talos also integrated with TP ICAP’s Fusion Digital Assets, a UK-regulated spot digital asset exchange. By teaming up with the FCA-regulated market structure firm, the provider of institutional digital asset trading technology will be able to further facilitate institutional adoption of digital assets amid the accelerated growth of cryptocurrency markets buoyed by the US SEC’s approval of Bitcoin ETFs and the EU’s MiCA coming into effect this year.
Fusion Digital Assets provides a competitive trading venue with unique liquidity from both traditional and crypto-native clients of TP ICAP. Talos clients will have access to this liquidity through both API and GUI interfaces.
Conclusion
The acquisition of Skolem by Talos marks a significant step in integrating DeFi into institutional workflows, enhancing the capabilities of digital asset OEMS and PMS. With partnerships and integrations with key players like TP ICAP and Crossover Markets, Talos is well-positioned to facilitate the growing institutional adoption of digital assets. This move not only sets a new standard for the industry but also underscores the increasing importance of DeFi in the broader digital asset ecosystem.
