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![KuCoin Opens Door To Crypto Connectivity Provider Talos](https://fortunetelleroracle.com/online-marketing/public/index.php/upload/media/posts/2022-10/19/kucoin-opens-door-to-crypto-connectivity-provider-talos_1666166401-b.jpg)
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 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 several 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 worldwide. 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 collected over $150 million in investments at a total valuation of $10 billion. Headquartered in Seychelles, 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’s mentor as an 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.
Kucoin is the world's leading crypto trading platform, they open door to crypto connectivity provider Talos. The Crypto exchange is always a trending business idea that brings big revenue. If you have an idea to launch your trading platform similar to Kucoin, you can contact the Bitdeal cryptocurrency exchange development company which provides the top-notch Kucoin clone script.
Source: financefeeds