Talos, a provider of institutional technology for trading digital assets, announced the establishment of its new European entity in the Netherlands.
This marks a significant growth milestone for Talos’s global footprint and “underscores its commitment to enhancing its services for clients in the EU region.”
Talos is a global business “with offices in New York, London, Cyprus and Singapore, serving clients in 23 countries, with personnel located in 13 countries.”
The Netherlands, with its rich history of “over a century of trading expertise, and home to the world’s oldest stock exchange, makes it a good choice for a Talos entity in Europe.”
With the implementation of the EU’s Markets in Crypto-Assets (MiCA) regulation, the Eurozone is set to “become the exemplar of a regulated, transparent and secure environment for digital asset investors.”
With its Dutch entity, Talos is well-positioned “to enhance its support of EU clients from within the region, while providing the technology and infrastructure to help them meet their best execution obligation as required under MiCA.”
Talos supports clients across the trade lifecycle “to achieve and evidence best execution: from pre-trade liquidity aggregation across multiple sources, to incorporating best execution factors into algorithms and the smart order router, to providing post-trade transaction cost analysis.”
Daniel Packham, Head of EMEA Operations at Talos said:
“We’re seeing a substantial increase in the number of European institutions looking to trade digital assets, and therefore we’re doubling down on our commitment to the region with the establishment of this new European entity. Talos is accustomed to working with institutions across the globe; our EU presence will enhance trust and familiarity for businesses operating within Europe.”
As noted in the update, Talos provides institutional-grade technology “that supports the full digital asset trading lifecycle, including liquidity sourcing, price discovery, trading, settlement, lending, borrowing and portfolio management.”
Engineered by a team with unmatched experience “building institutional trading systems, the Talos platform connects institutions to key participants in today’s digital asset ecosystem – exchanges, OTC desks, prime brokers, lenders, custodians and more – through a single point of entry.”
By streamlining the entire trading process, Talos helps clients “mitigate intermediary risk and facilitate best execution.”
