Coinbase Prime and Talos Team Up for Institutional Crypto Trading

In the Brief:

  • Talos and Coinbase Prime partner for institutional crypto trading
  • Talos clients get access to Coinbase Prime's services
  • Coinbase Prime clients can use Talos's products
  • Institutional investors seek secure and efficient crypto trading platforms
  • Talos raised $105m in Series B funding with Citigroup, Wells Fargo, and BNY Mellon

2 - 3 minute read

As institutional investors continue to enter the cryptocurrency space, the demand for more secure and efficient trading platforms has increased. To meet this demand, Talos, a crypto trading platform for institutional investors, has partnered with Coinbase Prime to expand access to digital assets for their clients.

According to a press release, Talos clients will now have access to Coinbase Prime’s spot liquidity and custody services, while Coinbase Prime clients will have access to Talos’s trading and connectivity products. Coinbase Prime is typically used by institutional investors and offers advanced trading and offline storage.

Anton Katz, co-founder of Talos, explained in an interview with CoinDesk that institutional investors require trading platforms with higher standards for safety, reliability, and efficiency, similar to what they’re accustomed to in the traditional finance world. Talos offers institutional investors a “full trade lifecycle,” including liquidity aggregation, trading, analytics, and settlement through a single point of access.

This partnership comes as other financial institutions, such as T. Rowe Price, WisdomTree, and Wellington Management, have joined layer 1 blockchain Avalanche’s Evergreen subnet to make execution and settlements more efficient. Additionally, Nasdaq has announced its plans to debut its crypto custody services by the end of the second quarter.

The Bottom Line

Talos’s partnership with Coinbase Prime expands access to digital assets for institutional investors, offering advanced trading and custody services. As more institutional investors enter the cryptocurrency space, traders should be aware of the potential opportunities and risks associated with their demands for safety and reliability.

Disclaimer: The content in this article is provided for informational purposes only and should not be considered as financial or trading advice. We are not financial advisors, and trading carries high risk. Always consult a professional financial advisor before making any investment decisions.

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