How we became the most trusted name in digital assets
Talos founders, Anton Katz and Ethan Feldman, both had decades of experience building institutional-grade trading systems before founding Talos in 2018. Their vision was to build one integrated platform that supports the end-to-end trading process and allows everyone in the crypto ecosystem to interact efficiently and confidently.
Talos Timeline
October
Anton and Ethan start to build what would become Talos
Talos founders, Anton Katz and Ethan Feldman, decide to set up their own crypto hedge fund and discover something interesting as they investigate the building blocks needed: nearly all infrastructure and tooling in the digital assets market was built for retail. What’s more: liquidity was highly fragmented, connectivity standards were lacking, and the concept of algorithmic best execution was non-existent.
December
Talos is born
Realizing that their unique expertise would be better spent on building the ultimate institutional trading platform for digital asset markets than setting up their own crypto hedge fund, Anton and Ethan created Talos.
Their vision was to build an intuitive system from the ground up, leveraging the latest technology and harnessing the power of blockchains to surpass what could be done in traditional markets. Talos would enable access to the entire digital asset ecosystem via a single entrypoint.
January
First hires
Anton and Ethan get to work on implementing their vision with the help of their first Talos hires: two accomplished engineers and leaders in their field.
June
Talos connects to the first 10 liquidity providers
Within just over 6 months after its founding, Talos connects to over 10 liquidity providers, including Binance, Coinbase, Cumberland and Galaxy.
August
The first trade
Less than a year after Talos was founded, the first trade is executed using the platform.
January
Talos wins its first client
The new year starts with a bang as Talos secures its first client within the first month.
July
...and then wins its first international client
Talos’s first client is quickly followed by its first international client 6 months later.
OCTOBER
Talos secures venture capital funding
Despite the challenges of 2020, Talos closed its first round of venture capital raising, allowing Talos to grow.
November
$1B in trade volume processed
Before the year is out, Talos reaches the $1 billion mark in notional of trades executed using its platform.
April
$10B in trade volume processed
In less than 6 months, Talos manages to grow its total notional trade volume ten fold, hitting $10 billion.
May
Talos secures Series A funding
After a year of tremendous growth, Talos undergoes its series A funding, led by Andreessen Horowitz and including PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital Ventures where it raised $40 million allowing for further global expansion.
October
The number of connected providers reaches 25
Talos expands its offering and reaches 25 connected providers in its Provider Network, including Wintermute and DV Chain for liquidity, and Fireblocks for custody.
October
Weekly volumes hit $1B
The Talos ecosystem hums with activity, reaching weekly volumes of $1 billion in trades flowing through the platform.
December
APAC office opens in Singapore
With the APAC market becoming increasingly important, Talos opens an office in Singapore.
January
The ecosystem grows further
Talos offers clients access to over 40 connected providers in its growing ecosystem, inlcuding Binance Futures, Kucoin and Huobi for liqudity, and Copper for custody.
January
First White Label client
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One of Talos’s unique offerings is its White Label solution, allowing clients to offer trading capabilities to their end customers under their own brand. Talos kicks off 2021 with its first White Label client.
February
Talos reaches 50 employees
With its ethos of hiring world-class talent, Talos expands its team to 50 employees across the US, UK, Cyprus, Singapore and other places around the globe.
May
Talos becomes a unicorn
Talos becomes a unicorn business in May 2022, receiving a valuation of over $1 billion as part of its Series B funding which raised $105 million.
June
50th client
Talos’s growth continues to excel with its 50th client onboarded in June.
July
Talos launches its London entity
With ever growing business in Europe and the UK, Talos launches its UK entity based in London.
August
... and follows with Cyprus
Around the the same time, Talos establishes its entity in Cyprus, one of its centers of engineering talent.
October
Talos welcomes its 100th employee
In the space of a year, Talos doubles its workforce from 50 to over 100 employees.
March
Talos moves into new offices in New York, London and Cyprus
With its expanding team, Talos moves its people into new offices to foster its renowned collaborative culture: one in Flatiron, New York City, one in Oxford Circus, London; and one in Nicosia, Cyprus.
May
Talos acquires D3X Systems
Talos expands its pre-trade capabilities into portfolio engineering. By acquiring D3X Systems, Talos supports the design and implementation of systematic investment strategies for institutional asset managers, ETF issuers, RIAs and SMA providers.
SEPT
Talos launches options trading
Talos introduced options trading on the platform in partnership with Deribit, one of the world’s largest crypto options exchanges.
OCT
Talos named best digital asset trading platform
Talos received 6 awards in 2023, as recognition of Talos’s robust trading platform grew globally. Accolades included being named:
- Best Trading Platform – Hedgeweek APAC, Digital Assets Awards 2023
- Best Trading Platform – Headgeweek US, Digital Assets Awards 2023
- Best Digital Assets Platform – The Digital Banker, Digital Assets Awards 2023
- Best Blockchain Technology Service Provider – FX Markets Asia, FX Awards 2023
OCT
Talos celebrates 5th anniversary
Since launching in the crypto winter of 2018 by co-founders Anton Katz and Ethan Feldman in New York, Talos celebrated its 5th anniversary with a global team seated in 12 countries; with offices in New York, London, Cyprus and Singapore; serving clients domiciled in 23 countries; supporting $150+ billion in volume through the Talos platform since inception.
NOV
Talos integrates with DeFi liquidity
Talos joined forces with Uniswap, the deepest liquidity venue in DeFi, and Fireblocks to deliver an institutional-grade DeFi trading experience to clients.
NOV
Talos connects to first US-regulated TradFi exchange
Talos connected to the CME Group, the world's leading derivatives marketplace, so clients could trade CME Group Bitcoin and Ether futures contracts using Talos's algorithms and order routing strategies.
DEC
Talos expands further into Latin America
Talos was chosen by Brazil-based Nubank, one of the world's largest digital financial services platforms, to help optimize their digital asset execution across liquidity providers and reduce costs for their customers.
DEC
The Talos Provider Network continues to grow
In 2023, Talos continued to expand its provider network, including prime brokers, portfolio management systems (PMS), risk management systems (RMS), fund administration and reporting providers, a staking provider, and settlement networks. To date, Talos has completed over 60 integrations.
APRIL
Talos acquires Cloudwall
The technology and expertise of Cloudwall will enhance Talos’s existing portfolio management system (PMS), expanding it to deliver the industry’s next generation of portfolio management tools for digital assets.
MAY
Talos acquires Skolem
Talos acquired Skolem to incorporate more DeFi capabilities into our PMS and OEMS. The acquisition will enhance Talos’s existing platforms by enabling clients to incorporate DeFi into their workflows.
JUL
Talos Deepens European Presence with New Entity in the Netherlands
Talos 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.
Our Investors
Talos is backed by some of the world’s most sophisticated digital asset investors
With their support, Talos is breaking new ground in the digital asset trading world. These foundations have enabled the business to develop a platform that performs at the level required by the most sophisticated firms.
Our Investors: Arianna Simpson
" The Talos team has built trading infrastructure for many of the world’s largest banks and asset managers, and they’re now doing just that for the institutional investors getting more heavily involved in crypto. "
“ Talos is quietly playing a huge role in the institutional mainstreaming of cryptoassets by delivering a solution that brings new levels of efficiency, transparency and risk mitigation to the asset class. ”
“ Talos's platform provides the same levels of stability, performance and security as the leading equities and fixed income trading systems, yet is extremely intuitive and easy to use. ”
“ There is a growing need for trusted infrastructure to seamlessly connect the digital asset ecosystem. Talos provides the critical market structure support and enables institutions to reliably interact within this exciting new asset class. ”
“ The company best suited to drive institutional adoption of digital assets is one that understands traditional capital markets deeply and is forward-thinking enough to fully grasp the promise of crypto. Talos is that company. ”
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