KuCoin opens door to crypto connectivity provider Talos

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

Talos has grown its end-user base to more than 20 mil­lion users since its launch in 2020 and has achieved twen­ty­fold increas­es in trad­ing vol­umes over the past year and a 400% expan­sion of staff over 2022.

The firm offers a num­ber of cryp­to-focused solu­tions, includ­ing a trad­ing plat­form, mar­ket­place, data and ana­lyt­ics, and port­fo­lio and set­tle­ment tools, all offered direct­ly or through ser­vice providers on a white-label basis.

“All markets will eventually trade on the digital asset rails”

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

John­ny Lyu, Chief Exec­u­tive Offi­cer at KuCoin, com­ment­ed: “In light of the grow­ing par­tic­i­pa­tion of insti­tu­tions in the cryp­tocur­ren­cy mar­ket, the KuCoin exchange is focused on sup­port­ing projects and com­pa­nies that sim­pli­fy their mar­ket entry and pro­vide the nec­es­sary tech­nolo­gies for stream­lin­ing trad­ing oper­a­tions. As Talos devel­ops soft­ware that enhances mar­ket par­tic­i­pants’ con­nec­tiv­i­ty to liq­uid­i­ty des­ti­na­tions, trade exe­cu­tion tools, ana­lyt­ics and oth­er ser­vices, the KuCoin exchange val­ues its lat­est part­ner­ship and is con­fi­dent that coop­er­a­tion will ben­e­fit both par­ties and the mar­ket at large.”

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

KuCoin also com­plet­ed a series B fundrais­er ear­li­er this year, hav­ing colect­ed over $150 mil­lion in invest­ments at a total val­u­a­tion of $10 bil­lion. Head­quar­tered in Sey­chelles, KuCoin sup­prts 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’s mentor as advisor

Talos has recent­ly appoint­ed Neal Pawar as a strate­gic advi­sor, join­ing a board of vet­er­an advi­sors that includes Jen­nifer Hill, who pre­vi­ous­ly served as CFO of Mer­rill Lynch & Co, David Cush­ing, ex-Direc­tor of Glob­al Trad­ing at Welling­ton, and Tim Grant, Galaxy Digital’s Head of Europe.

Neal Pawar and Talos Founder Anton Katz crossed paths in 2015 at AQR Cap­i­tal, where the lat­ter was Head of Trad­ing Tech­nol­o­gy until leav­ing in 2018 to launch his own busi­ness, Talos, which has grown immense­ly since then and now has offices in New York, Europe and Singapore.