Talos integrates crypto liquidity from Amber Group’s WhaleFin
Talos has welcomed Amber Group to its partner network of over 40 liquidity platforms which includes leading exchanges such as Binance, Coinbase and FTX, as well as major OTCs and market markers.
The platform targets large and sophisticated market participants and their end customers and provides a trading platform, lending market, data and analytics, as well as portfolio and settlement tools. These are all offered directly or through white label service providers.
With Talos, clients can conduct end-to-end transactions without worrying about unnecessary intermediary risks or potential conflicts of interest.
Talos adds cash from WhaleFin as part of APAC expansion
The partnership will integrate the liquidity venue of Amber Group’s flagship digital asset platform, WhaleFin, into Talos’ market-leading institutional trading platform, facilitating greater access to Amber Group’s liquidity. .
The addition of cash from Amber Grou comes at a good time as Talos continues to expand its business and solidify its presence in Asia-Pacific, a region where the digital asset industry is booming.
The integration illustrates both companies’ commitment to driving institutional adoption of digital assets and also addresses the growing need for advanced trading solutions required by sophisticated crypto natives and traditional capital markets businesses. The partnership capitalizes on the synergies between the offerings of Talos and Amber Group by
Combining Talos’ end-to-end digital asset trading technology services with Amber Group’s institutional-grade liquidity venue, WhaleFin, will ultimately benefit clients who tap into that liquidity, crypto-natives. and traditional capital markets companies.
Backed by Paradigm, Dragonfly, Pantera, Polychain, Sequoia and Tiger Global, Amber Group has offices in Asia, Europe and the Americas and provides digital asset services spanning investing, funding and trading.
WhaleFin entered Japan and sponsors Atlético Madrid
In February, Amber Group’s subsidiary WhaleFin Japan acquired crypto asset exchange DeCurret Inc. in a move that marks the group’s entry into Japan, having acquired an exchange services provider from crypto assets (CAESP) registered with the Japan Financial Services Agency (FSA).
DeCurret is one of 30 registered CAESPs operating in Japan since 2018 and is backed by 35 shareholders, including leading Japanese financial institutions and corporations.
The crypto-asset exchange pioneered the introduction of an e-money payment service for crypto-assets and led the industry in making cryptocurrency more accessible to consumers.
The acquisition is expected to catalyze the adoption of digital assets in the country, given the sevenfold increase in crypto deposits in 2021 and Amber’s management of $5 billion in digital assets on its platform.
In July, Amber Group became the official and lead global partner of Atlético Madrid in a sponsorship deal to boost the brand of the company’s flagship digital asset platform, WhaleFin.
As part of the sponsorship deal, WhaleFin will receive significant brand exposure as it will appear on the front of the team’s gaming kits. The company will also be the Official Exclusive Digital Wealth and Digital Lifestyle Partner of Atlético de Madrid.
Building Institutional Conﬁdence in Crypto Assets
Samar Sen, Head of APAC at Talos, said, “Major institutional investors trading on our platform will always need connectivity with the world’s best liquidity providers. Partnering with Amber Group not only gives them another strong place to work, but it’s a natural extension of our core mission of making it easier for institutions to connect to digital asset markets in ways that are safe, scalable, and familiar. As a market-leading provider of trading technology that powers institutional access to digital assets, we are proud to partner with Amber Group and support the global maturation of the digital asset ecosystem.
“Despite the current market conditions, we continue to see increasing adoption of digital assets by both buy-side and sell-side institutions – their long-term views on the potential of digital assets are undiminished, and many of these Institutional service providers use it in time to build their product offerings ahead of the next growth cycle, and based on demand from their end customers.
Annabelle Huang, Managing Partner at Amber Group, said, “Client demand for institutional-grade aggregated liquidity providers is indicative of the continued evolution of digital assets as a maturing asset class. As we mark a new chapter for the growth of digital assets globally, we are excited to integrate the best of our liquidity offering with like-minded ecosystem peers such as Talos. This partnership lays the foundation for us to continue to build institutional trust in crypto assets through easy access to Talos’ trusted trading technology and Amber Group’s liquidity offering – all while complementing our commitment to providing best-in-class service to our customers, whether through superior block pricing or greater transparency for all.
Sophia Cui, Product Lead (Connectivity) at Talos, added: “Today’s digital asset traders demand a better experience – one that offers increased security, scalability, reliability and usability, combined with familiarity with traditional capital market trading systems. Our partnership with Amber Group will remove the current barriers to entry for institutions, providing them with powerful, sophisticated and standardized institutional-grade digital asset trading technology with unparalleled performance that is already seamlessly connected to the liquidity that they wish.