Skolem’s Technology Poised to Incorporate On-Chain Capabilities into Talos’s Portfolio Management and Execution Systems
Talos, the premier provider of institutional trading technology for digital assets, announced the acquisition of Skolem, a technology provider that enables institutional investors to access decentralized finance (DeFi) markets safely and effectively. The acquisition of Skolem will enhance Talos’s existing platforms by enabling clients to incorporate DeFi into their workflows.
“DeFi is playing a growing role in the digital asset ecosystem and we’ve seen increasing interest from both crypto-native and traditional institutions,” said Anton Katz, CEO and Co-Founder of Talos. “Institutional demand is driven by access to liquidity for a broader range of emerging assets as well as novel opportunities to deploy digital assets. Skolem’s pioneering technology will position Talos to set a new standard for the digital asset OEMS and PMS – one that incorporates DeFi end to end.”
In 2023, Talos announced its integration with Uniswap, the largest decentralized exchange, enabling clients to more efficiently trade thousands of assets, in a familiar order book format, using Talos’s advanced algorithms. That same year, Talos integrated with Figment, the leading provider of institutional infrastructure for Ethereum staking, making the staking activity of shared clients viewable on the Talos platform.
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Skolem is known for its institutional-grade data and execution infrastructure that enables institutions to trade, stake, lend and provide liquidity in DeFi. Skolem’s data infrastructure allows for real-time streaming of prices and on-chain metrics, while its user-driven execution technology includes pre-transaction simulations, configurable alerts, order automation, and full transaction accounting.
As institutional interest in DeFi grows, so too will the demand for a comprehensive technology stack that can provide safety, advanced user execution, and risk management when accessing protocols. With this acquisition, Talos is investing in the foundations necessary to enable institutions to interact with the complex DeFi ecosystem and to incorporate on-chain data into their workflows.
The acquisition of Skolem comes on the heels of the recent acquisition of Cloudwall, the digital asset risk management technology provider. Last year, Talos also completed the acquisition of D3X Systems and its suite of portfolio engineering tools for systematic investors. With the incorporation of these best-in-class technologies, Talos is well positioned to deliver the next generation of its institutional systems that support the entire investment and trade lifecycles for digital assets.
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