Talos adds crypto market liquidity in partnership with Keyrock
During its expansion into Europe, Talos will work with crypto market maker Keyrock to provide customers with a deeper pool of liquidity.
In a statement Tuesday, Talos said the agreement will provide its customers with more efficient markets.
The tie-up with Keyrock, based in Brussels, “helps provide our clients with deeper liquidity as the institutional adoption of digital assets continues to grow,” said Frank van Zegveld, Talos’ head of Europe, Middle East and Africa sales. As part of its global expansion, Talos hired van Zegveld in September as one of three key hires.
With contributions from Ripple and SIX FinTech Ventures, the investment arm of Swiss exchange SIX Group, Keyrock raised $72 million in a Series B funding round last September. Last May, Talos raised $105 million in a Series B round led by Wall Street giants Citigroup (C), Wells Fargo (WFC) and BNY Mellon (BK).
To provide its customers with access to a wide range of trading services, Talos and London-based crypto-services provider BCB Group announced a deal in February.