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Big banks invest in institutional-grade crypto trading platform Talos
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finextra.comThe Talos platform is designed to help institutions manage the full trade lifecycle, including: liquidity sourcing, direct market access, price discovery, algorithmic trade execution, transaction cost analysis, reporting, clearing, and settlement.The funding comes on the heels of rapid growth for the firm, which has seen institutional trading volume explode over 20x year-over-year. The new capital will be used to scale and diversify the platform and accelerate Talos's expansion into Apac and Europe.
Anton Katz, CEO, Talos, says: "This funding round represents a major inflection point for the industry. We've long heard that 'the institutions are coming'.
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