Talos adds Uphold Institutional Platform to Increase Liquidity and Breadth of Assets
22 Mayo 2024 - 10:00AM
Uphold, the global web3 financial platform, today announced the
integration of Uphold’s Institutional OTC trading platform (Uphold
Ascent™), with Talos, the premier provider of institutional digital
assets trading technology.
The integration adds a deep source of liquidity to the Talos
Provider Network and expands access to digital assets for
institutions. Through this collaboration, institutions leveraging
the Talos platform can gain access to Uphold Ascent's execution
services, which supports more than 280 digital assets.
"We’re thrilled to work with Talos to further our goal of
offering market-leading trading infrastructure for the dynamic
digital asset space,” said Bob O'Brien, Head of Institutional at
Uphold. “By integrating Uphold Ascent into the Talos network, we're
helping institutions gain access to more digital assets through our
extensive network of trading venues.”
Uphold Ascent intelligently routes orders to 30 trading venues,
including centralized and decentralized exchanges, as well as L2
blockchains, accessing some of the deepest liquidity in the digital
asset ecosystem.
"We’re thrilled to make Uphold Ascent’s deep liquidity available
to Talos clients,” said Daniel Packham, VP and Head of EMEA
Operations at Talos. “Uphold and Talos share a focus on the unique
needs and high standards of institutions. This integration supports
our efforts to connect with premier liquidity sources and to
abstract away the complexity of trading digital assets."
The Talos trading platform connects large investors to key
digital asset ecosystem providers, including exchanges, OTC desks,
prime brokers, lenders, custodians and more through a single
interface. The partnership between Talos and Uphold Institutional
underscores their dedication to advancing the digital asset trading
landscape for institutions.
"In a rapidly-evolving digital asset landscape, seamless access
to liquidity is paramount for institutions seeking to navigate the
market efficiently,” said Christopher Siedentopf, Global Head of
Sales of Institutional at Uphold. “Uphold's integration with Talos
represents a significant step towards enabling access to deep
liquidity pools, empowering institutions to execute large orders
efficiently and securely."
About Uphold
Uphold, named in 2024 as the Best
Crypto Exchange in the UK by Forbes Advisor, is committed to making
access to the broadest offerings of crypto tokens easy. As a web3
financial platform, Uphold serves more than 10 million customers in
more than 140 countries. It provides businesses and consumers with
easy access to digital assets and services. Uphold’s unique
“Anything to Anything” interface gives customers seamless access to
and between digital assets and national currencies and precious
metals. Uniquely, Uphold smart routes orders across 30 trading
venues delivering optimal execution and superior liquidity to
customers. Uphold never loans out customer assets and is always
100% reserved. The company has pioneered radical transparency and
uniquely publishes its assets and liabilities every 30 seconds on a
public website (https://uphold.com/en-us/transparency).
Uphold is regulated in the U.S. by
FinCen and State regulators; and is registered in the UK and Canada
with the FCA and FINTRAC respectively and in Europe with the
Financial Crime Investigation Service under the Ministry of the
Interior of the Republic of Lithuania.
Uphold Institutional delivers execution services via its OTC
platform, Uphold Ascent. Tailored for institutions, Uphold Ascent
offers a seamless, secure, and efficient trading environment for
large-scale transactions, supported by in-depth market research and
insights. To learn more, visit uphold.com/institutional.
About Talos
Talos provides institutional-grade technology that supports the
full digital asset trading lifecycle, including liquidity sourcing,
price discovery, trading, settlement, lending, borrowing and
portfolio management. Engineered by a team with unmatched
experience building institutional trading systems, the Talos
platform connects institutions to key participants in today’s
digital asset ecosystem – exchanges, OTC desks, prime brokers,
lenders, custodians and more – through a single point of entry. By
streamlining the entire trading process, Talos helps clients
mitigate intermediary risk and facilitate best execution. For
additional information, visit www.talos.com.
Talos Disclaimer: Talos offers software-as-a-service products
that provide connectivity tools for institutional clients. Talos
does not provide clients with any pre-negotiated arrangements with
liquidity providers or other parties. Clients are required to
independently negotiate arrangements with liquidity providers and
other parties bilaterally. Talos is not party to any of these
arrangements. Services and venues may not be available in all
jurisdictions.
For media inquiryLauren Bukoskeylauren@serotonin.co