Talos, a leading provider of digital asset OEMS and PMS, has acquired Skolem, a pioneering DeFi technology firm. This strategic acquisition enables Talos to integrate DeFi into its workflows, setting a new standard for institutional-grade digital asset management. With this move, Talos empowers institutional investors to access decentralized finance markets with confidence, leveraging its robust data and execution infrastructure.

As DeFi continues to play a growing role in the digital asset ecosystem, Talos recognizes the increasing demand from institutional investors for a comprehensive technology stack that ensures safety, advanced user execution, and risk management. By acquiring Skolem, Talos invests in the foundations necessary to facilitate institutional interaction with the complex DeFi ecosystem and incorporate on-chain data into their workflows.

Anton Katz, CEO and Co-Founder of Talos, emphasized the significance of this acquisition, stating, "DeFi is gaining traction, and we've seen increasing interest from both crypto-native and traditional institutions. Skolem's pioneering technology will position Talos to set a new standard for digital asset OEMS and PMS – one that incorporates DeFi end-to-end."

Talos has also formed partnerships with key players in the industry, including TP ICAP and Crossover Markets. Earlier this month, Talos welcomed Crossover's CROSSx institutional crypto trading venue into its existing provider network. This network connects digital asset exchanges, OTC desks, prime brokers, lenders, custodians, and more, through a single point of entry. Additionally, Talos integrated with TP ICAP's Fusion Digital Assets, a UK-regulated spot digital asset exchange, to further facilitate institutional adoption of digital assets.

The acquisition of Skolem by Talos marks a significant milestone in integrating DeFi into institutional workflows, enhancing the capabilities of digital asset OEMS and PMS. With its partnerships and integrations, Talos is well-positioned to facilitate the growing institutional adoption of digital assets, setting a new standard for the industry and underscoring the increasing importance of DeFi in the broader digital asset ecosystem.

This move is a testament to Talos' commitment to innovation and its dedication to providing cutting-edge solutions for institutional investors. As the digital asset landscape continues to evolve, Talos remains at the forefront, driving progress and shaping the future of DeFi. With Skolem's technology and expertise, Talos is poised to revolutionize the industry, empowering institutions to harness the full potential of digital assets.

Institutional investors can now access a comprehensive suite of digital asset solutions, enabling them to navigate the complex DeFi ecosystem with confidence. Talos' acquisition of Skolem demonstrates its unwavering dedication to innovation, cementing its position as a leader in the digital asset space. As the industry continues to grow and mature, Talos remains committed to pushing the boundaries of what is possible, driving progress, and shaping the future of DeFi.