Talos, a unicorn in the crypto industry backed by Citibank, has made a significant move by acquiring the DeFi platform, Skolem. This acquisition marks the third one for Talos in approximately 12 months, demonstrating the company's commitment to expansion and growth.

The acquisition of Skolem is seen as a strategic move to strengthen Talos' position in the crypto industry and expand its services. Skolem's on-chain capabilities will enable Talos to connect its institutional clients to more decentralized finance or DeFi services, further enhancing its capabilities and broadening its client base.

The acquisition is expected to have a significant impact on the crypto industry, as Talos continues to solidify its position as a leading player. The acquisition of Skolem will provide Talos with the necessary tools to expand its services and connect its clients to a wider range of DeFi services.

The details of the acquisition, including the purchase price and other terms, remain undisclosed. However, the acquisition is expected to be a significant step forward for Talos, as it continues to grow and expand its services in the crypto industry.

In conclusion, the acquisition of Skolem by Talos is a significant development in the crypto industry. The acquisition is expected to enhance Talos' capabilities and broaden its client base by providing access to more DeFi services. The acquisition is a testament to Talos' commitment to expansion and growth, and its position as a leading player in the crypto industry.