Talos, ByBit, Sign Deal
Posted by Colin Lambert. Last updated: March 6, 2023
Digital asset technology provider Talos has signed a partnership agreement with crypto exchange Bybit to provide access to the Talos infrastructure and network to ByBit customers.
The integration combines Talos’s trade infrastructure solutions with Bybit’s access to digital assets and enterprise solutions including trading execution. The firms say the agreement will enable Bybit to streamline access for institutions looking to get into the crypto space via the Talos platform, and will boost real-time liquidity.
Bybit claims to be the only integrated crypto exchange to experience steady growth in market share throughout 2022, adding that in January it recorded its highest-ever market share in crypto derivative markets at 14.6%.
“Bybit understands the burgeoning demand for advanced trading solutions required by increasingly sophisticated institutions as they pursue growth opportunities in cryptocurrency,” says Ben Zhou co-founder and CEO of Bybit. “Bybit is on a mission to offer next-level opportunities across the board. This partnership will allow us to offer the tech needed for streamlined trading operations and bridge the gap between institutional investors and digital currency networks.”
Anton Katz, CEO and co-founder of Talos, adds, “The partnership with Bybit allows us to further extend our execution capabilities for clients, providing them with expanded options to engage and transact with the top destinations in the industry. At Talos, we’re always looking to expand our connectivity through smart integrations like the one we now have with Bybit. The robustness of offerings on Bybit provides our users with a broad range of execution functionality to enhance quality, depth, and breadth across their trade activity.”