Crypto Software Provider Talos Trading to Expand Workforce in Asia-Pacific

Talos Trading, a New York-based crypto trading software provider, is set to double its workforce in the Asia-Pacific region over the next year. This expansion aims to capitalize on the evolving regulatory framework in the area.

Samar Sen, head of Talos’ APAC division, noted that Asia’s regulatory clarity in markets such as Hong Kong, Singapore, and Japan has made it a key growth area. Sen stated,

“Asia punches above its weight in terms of contribution to the bottom line of global digital-asset companies.”

Talos’ hiring initiative will focus on expanding business development, client services, and product and engineering teams. This is because many of Talos’ top clients, by trading volume, are APAC-based firms.

About Talos Trading

Founded in 2018 by Anton Katz and Ethan Feldman, Talos Trading is now valued at $1.25 billion. The company secured funding from multiple financial giants such as General Atlantic, BNY Mellon, Citi, and Wells Fargo Strategic Capital, with earlier backing from Andreessen Horowitz and PayPal Ventures.

The company centers its business on its software, which leverages the full crypto trading lifecycle. This includes liquidity sourcing, price discovery, trading, settlement, lending, and portfolio management.

Focus on Asia

The company’s focus on Asia aligns with trends among other crypto giants seeking a more favorable business environment in the region. This shift is reflective of a broader move within the industry to find markets more receptive to innovative technologies.

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