Fidelity-backed crypto exchange EDXM expands institutional access with Talos

Quick Take

  • EDX Markets has integrated with the trading platform Talos, expanding its institutional clients’ access to a network of over 40 liquidity venues.
  • The partnership marks the first Order and Execution Management System (OEMS) integration for EDX Markets, providing additional trading tools for institutional investors.

Institutional-focused crypto exchange EDX Markets (EDXM) is integrating with Talos, an institutional trading technology provider for digital assets.

The collaboration sees Talos become the first Order and Execution Management System (OEMS) to integrate with EDXM, offering institutional investors access to a wider range of liquidity venues via its front-end interface and trading tools, according to a statement.

"This collaboration broadens our range of liquidity options for clients, reinforcing our commitment to delivering a comprehensive and robust trading experience for both traditional financial institutions and crypto-native firms," EDX Markets CEO Jamil Nazarali said.

Talos will provide EDXM with access to its network of over 40 providers, including top-tier exchanges, custodians, OTC desks and market makers, the statement added. Genesis Trading, BlockTower and Abra are listed among Talos’ existing clients, according to its website.

"By integrating with our trading technology, EDX Markets expands its reach and enhances its offerings, bringing a secure, efficient and transparent trading experience to market participants,” Talos co-founder and CEO Anton Katz said. “This combination will strengthen our collective mission to drive institutional adoption and foster the convergence of traditional finance and digital assets."

Big backers

Backed by major financial players Citadel Securities, Fidelity Investments and Charles Schwab, EDXM was first announced in September. It also has support from Paradigm, Sequoia Capital and Virtu Financial.

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