KuCoin opens the door to crypto connectivity provider Talos

Kucoin has partnered with Talos to streamline institutional access to digital assets and further expand the capabilities of its user base. The crypto exchange will also open accounts for institutional Talos users to provide real-time liquidity.

Talos has grown its end-user base to over 20 million users since its launch in 2020 and has seen a twenty-fold increase in transaction volumes over the past year and a 400% increase in staff in 2022.

The company offers a number of crypto-focused solutions, including a trading platform, marketplace, data and analytics, as well as portfolio and settlement tools, all offered directly or through vendors. white label services.

“All markets will eventually trade on digital asset rails”

Anton Katz, Co-Founder and CEO of Talos, said, “As the institutional adoption of digital assets accelerates globally, we are thrilled to partner with the amazing team at KuCoin to help propel this. emerging asset class with institutional investors around the world. Our long-term vision is that all markets will eventually trade on digital asset rails, and we’re excited to build for the future today.

Johnny Lyu, Managing Director of KuCoin, said, “In light of the growing participation of institutions in the cryptocurrency market, the KuCoin exchange is focused on supporting projects and companies that make it easier for them to enter the cryptocurrency market. market and provide the technologies needed to streamline trading operations. As Talos develops software that improves market participants’ connectivity to liquidity destinations, trade execution tools, analytics and other services, the KuCoin exchange appreciates its latest partnership and is confident that the cooperation will benefit both parties and the market as a whole.

Talos recently announced its $105 million Series B funding round, valuing the company at $1.25 billion. The digital asset trading technology company is backed by Fidelity, Citi, BNY Mellon, Wells Fargo and General Atlantic.

KuCoin also completed a Series B fundraising earlier this year, having raised over $150 million in investments at a total valuation of $10 billion. Seychelles-based KuCoin supports 700 digital assets in spot trading, margin trading, P2P fiat trading, futures trading, staking and lending to its 20 million users.

Talos appointed Anton Katz’ mentor as advisor

Talos recently appointed Neal Pawar as strategic adviser, joining a board of seasoned advisers that includes Jennifer Hill, who was previously chief financial officer of Merrill Lynch & Co, David Cushing, former director of global commerce at Wellington, and Tim Grant, Galaxy European Digital Manager.

Neal Pawar and Talos founder Anton Katz crossed paths in 2015 at AQR Capital, where the latter was head of trading technology until he left in 2018 to start his own company, Talos, which has since grown tremendously. and now has offices in New York, Europe. and Singapore.