Tradias Integrates with Talos
Posted by Colin Lambert. Last updated: May 6, 2024
Crypto trading firm Tradias says it has integrated with technology provider Talos, to provide mutual clients with access to a regulated trading infrastructure.
Tradias is the digital assets arm of the German-licensed and regulated Bankhaus Scheich, and says the integration expands the choice of regulated liquidity providers for Talos clients.
“We are pleased to integrate with Talos to enable institutions to access the potential of digital assets through its platform,” says Michael Reinhard, CEO of Tradias. “Talos and Tradias share a foundation that was built in traditional finance, and we share a vision for the future of financial systems that are powered by digital asset technology.”
As institutional adoption of digital assets continues to grow in 2024, and as the Markets in Crypto Assets (MiCA) European regulation comes into effect, the firms stress the importance of licensed counterparties, adding that best execution “will be emphasised”. They add the integration offers shared clients a regulated source of liquidity to help them achieve best price execution.
“Tradias will be a particularly important source of liquidity for Talos clients who are traditional or regulated institutions, because Tradias itself is rooted in a fully regulated, traditional financial institution,” says Anton Katz, CEO and co-founder of Talos. “Talos is seeing substantial growth within Europe, and our integration with Tradias will help us to continue extending our reach among institutions in the region.”