This acquisition is geared toward enhancing Talos’s platforms to permit shoppers to combine DeFi into their workflows successfully. In line with Talos representatives, the rising function of DeFi within the digital asset ecosystem has stirred curiosity from each crypto-native and conventional establishments. Institutional demand comes from the necessity for broader asset liquidity entry and novel digital asset deployment alternatives. The combination of Skolem’s expertise is predicted to ascertain a brand new commonplace for Talos’s digital asset OEMS and PMS, incorporating DeFi comprehensively.
In 2023, Talos built-in with Uniswap, enabling shoppers to commerce quite a few belongings effectively in a well-recognized order e book format. Moreover, the corporate built-in with Figment, offering visibility into shared shoppers’ staking actions on the Talos platform.
Skolem is thought for its institutional-grade information and execution infrastructure, enabling buying and selling, staking, lending, and liquidity provision in DeFi. Its infrastructure facilitates real-time streaming of costs and on-chain metrics, together with user-driven execution expertise providing pre-transaction simulations, configurable alerts, order automation, and full transaction accounting.
As institutional curiosity in DeFi grows, there’s a corresponding demand for a complete expertise stack guaranteeing security, superior person execution, and danger administration when accessing protocols. Talos’s acquisition of Skolem displays an funding in foundational capabilities to facilitate institutional interplay with the complicated DeFi ecosystem and combine on-chain information into workflows.
The acquisition of Skolem follows Talos’s latest acquisition of Cloudwall, a digital asset danger administration expertise supplier. In 2023, Talos acquired D3X Methods and its suite of portfolio engineering instruments for systematic traders. These acquisitions place Talos to ship the subsequent era of institutional programs supporting your complete funding and commerce lifecycles for digital belongings.
A more in-depth have a look at the 2 corporations
Talos supplies institutional-grade expertise supporting the complete digital asset buying and selling lifecycle, together with liquidity sourcing, price discovery, buying and selling, settlement, lending, borrowing, and portfolio administration. The platform connects establishments to key members within the digital asset ecosystem by a single level of entry, streamlining buying and selling processes to mitigate middleman danger and facilitate greatest execution.
As for Skolem, it specialises in enabling institutional traders to entry DeFi markets safely and effectively. Based in 2020, Skolem presents a set of companies that improve consumer experiences in buying and selling, staking, lending, and liquidity provisioning on DeFi protocols. Its platform, designed for institutional wants, options an intuitive interface, superior order automation, and complete market intelligence capabilities.