24 Exchange joins Talos partner network
24 Exchange, the multi-asset class trading platform, has joined the partner network of Talos, the provider of institutional digital asset trading technology.
Through the addition of 24 Exchange, Talos users can access liquidity found on the 24 Exchange platform via its unique "central dealer" model in Crypto Spot.
This model, where all counterparties face 24 Exchange Broker Ltd, allows for the execution and settlement of Crypto Spot trades, the company said.
Dmitri Galinov, 24 Exchange CEO and founder, said: "By integrating into the growing Talos partner network, 24 Exchange will provide Talos customers with enhanced access to digital asset trading opportunities and increased liquidity.
“Expanding access to Crypto Spot trading is a key component of 24 Exchange's growth strategy, and we are pleased to achieve that while also delivering a new liquidity venue in partnership with a respected pioneer such as Talos."
Developed in 2018, the Talos platform powers institutional access to digital assets by supporting end-to-end trading – from on boarding to price discovery, execution, and settlement – including bilateral access to liquidity providers.
It offers customisable connectivity solutions for institutions on the buy-side and sell-side, including hedge funds, asset managers, service providers, prime brokers, OTC liquidity providers, lenders, custodians, exchanges, and more.
Anton Katz, Talos co-founder and CEO, said: "Clients on the Talos partner network are seeking access to the seamless execution and settlement services that 24 Exchange is offering in Crypto Spot. We are excited to bring 24 Exchange's high-calibre liquidity destination to our network and platform."
24 Exchange is operated by 24 Exchange Bermuda Limited and 24 Exchange Broker Limited, which are regulated by the Bermuda Monetary Authority for the purposes of conducting digital asset business, pursuant to the Digital Asset Business Act.