Talos, a technology provider for the institutional trading of digital assets, has launched a new platform that connects crypto-asset market participants to institutional investors, prime brokers, exchanges, over-the-counter desks, lenders and custodians.
The Talos platform will help support clients with price discovery to execution through clearing and settlement, across spot, futures and foreign exchange markets.
The new platform is set to address key issues including security, efficiency and scale.
While the Talos platform is currently comprehensive, the firm plans to roll out additional capabilities in the coming months, focusing primarily on further reducing trading and settlement risks.
“Our expertise is in trading systems, and we built this platform from the ground up specifically for crypto by working closely with our customers. We’ll continue collaborating with them to stay ahead of competition as digital assets begin to truly transform financial markets,” said Ethan Feldman, co-founder of Talos.
Anton Katz, co-founder and CEO of Talos, added: "We don't get to see a brand-new asset class emerge very often, so naturally this is an incredibly exciting time, especially for engineers in the financial sector. Moreover, these technical and operational innovations we see in the digital assets space will accelerate the progress of other asset classes. Our mission is to bridge these two worlds, using our understanding of institutional requirements, and further drive the evolution of trading."
The Talos platform began development in October 2018, and has been in production since August 2019, providing digital asset trading solutions to a core group of capital market participants.
