Trading Platform Talos Adds Crypto Market Liquidity in Tie-Up With Keyrock
The agreement with the Belgian market maker is part of Talos' expansion into Europe.
Mar 21, 2023 at 10:00 a.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IYQXJLALIFDCREIVHMHAVM4ONY.jpg)
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Digital-assets trading platform Talos said it will provide customers with a deeper pool of liquidity by working with crypto market maker Keyrock as it extends its expansion into Europe.
The agreement will give New York-based Talos’ customers more efficient markets, the company said Tuesday.
The tie-up with Keyrock, which is based in Brussels, “helps provide our clients with deeper liquidity as the institutional adoption of digital assets continues to grow,” said Frank van Zegveld, head of Europe, Middle East and African sales at Talos.
Talos announced three key hires in September as part of its global expansion, including van Zegveld.
Keyrock raised $72 million in a Series B funding round that closed last September. The round included investments from cross-border payments company Ripple and SIX FinTech Ventures – the investment arm of Swiss exchange SIX Group. Talos raised $105 million in a Series B funding round last May that included investments from Wall Street giants Citigroup (C), Wells Fargo (WFC) and BNY Mellon (BK).
In February, Talos announced a deal with London-based crypto-services provider BCB Group to provide the customers of both firms with access to a wide range of trading services.
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Will Canny is CoinDesk's finance reporter.
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