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Business Insider: 14 fintechs helping banks and hedge funds get in on the crypto craze, according to top VCs

Insider spoke to 10 investors to get the rundown on the top startups helping Wall Street get up to speed when it comes to crypto.

Media
Media

Business Insider: 14 fintechs helping banks and hedge funds get in on the crypto craze, according to top VCs

Introduction

Insider spoke to 10 investors to get the rundown on the top startups helping Wall Street get up to speed when it comes to crypto.

Talos

Total funding: $46 million

Cited by: Kim Trautmann, head of DRW Venture Capital

Why it matters: Talos is building trading technology and infrastructure to connect buy-side firms to other players in the crypto liquidity ecosystem, such as OTC desks, custodians, lenders, exchanges, and prime brokers.

Some of the upstart’s integrated partners include Binance, Binance.US, Coinbase, FTX, Gemini, Kraken, and Jane Street.

The fintech builds tech to support the full trading lifecycle, from price discovery to execution and settlement, and also offers data analytics and trading algorithms.

“Companies like Talos provide investors with trading technology and infrastructure to support the full trade lifecycle, allowing users to flip a switch and turn on connectivity across the crypto liquidity ecosystem,” Trautmann told Insider.

“With a traditional background in building institutional trading systems, Talos also provides a familiar environment for institutions seeking a clear path to best execution with minimal intermediary risk,” she added.

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Find out how Talos can simplify the way you interact with the digital asset markets.