DeFi
Talos acquires Skolem – ThePaypers
Talosan institutional trading technology provider for digital assets, announced the acquisition of Skolem.
This acquisition aims to enhance Talos’ platforms to enable customers to effectively integrate DeFi into their workflows. According to Talos representatives, the growing role of DeFi in the digital asset ecosystem has attracted interest from both crypto-native and traditional institutions. Institutional demand arises from the need for broader access to asset liquidity and new opportunities to deploy digital assets. The integration of Skolem’s technology is expected to set a new standard for Talos’ digital asset OEMS and PMS, fully integrating DeFi.
In 2023, Talos integrated with Uniswap, allowing clients to efficiently trade numerous assets in a familiar order book format. Additionally, the company has integrated with Figment, providing visibility into shared customer staking activities on the Talos platform.
Skolem is known for its institutional-grade data and execution infrastructure, enabling trading, staking, lending, and liquidity provision in DeFi. Its infrastructure facilitates real-time on-chain pricing and metrics, along with user-driven execution technology offering pre-trade simulations, configurable alerts, order automation, and comprehensive trade accounting. transactions.
As institutional interest in DeFi increases, there is a corresponding demand for a complete technology stack ensuring security, advanced user execution, and risk management when accessing protocols. Talos’ acquisition of Skolem reflects an investment in fundamental capabilities to facilitate institutional interaction with the complex DeFi ecosystem and integrate on-chain data into workflows.
The acquisition of Skolem follows Talos’ recent acquisition of Cloudwall, a digital asset risk management technology provider. In 2023, Talos acquired D3X Systems and its suite of portfolio engineering tools for systematic investors. These acquisitions enable Talos to deliver the next generation of institutional systems supporting the entire investment and trading lifecycles of digital assets.
A closer look at the two companies
Talos provides institutional-grade technology supporting the full digital asset trading lifecycle, including liquidity sourcing, price discovery, trading, settlement, lending, borrowing and management wallet. The platform connects institutions to key players in the digital asset ecosystem through a single entry point, streamlining trading processes to mitigate intermediary risk and facilitate best execution.
As for Skolem, it specializes in enabling institutional investors to access DeFi markets securely and efficiently. Founded in 2020, Skolem offers a suite of services that improve the customer experience for trading, staking, lending, and liquidity provisioning on DeFi protocols. Its platform, designed for institutional needs, features an intuitive interface, advanced order automation and comprehensive market intelligence capabilities.