New York-based Talos Trading has announced plans to double its workforce in the Asia-Pacific region over the next year.
Expansion Strategy in APAC
In an interview with Bloomberg, Samar Sen, head of Talos’ APAC division, emphasized that increasing regulatory clarity in markets like Hong Kong, Singapore, and Japan positions Asia as a key growth area. Talos plans to focus on expanding its business development, client services, and product engineering teams to capitalize on market opportunities.
Key Markets for Talos
Sen highlighted that many of the company’s top clients by trading volume are based in the APAC region, underscoring the importance of this market. Founded in 2018 by Anton Katz and Ethan Feldman, Talos Trading secured a valuation of $1.25 billion after a funding round led by General Atlantic.
Talos' Role in the Digital Asset Industry
Talos provides software that covers the full crypto trading lifecycle, including liquidity sourcing, price discovery, trading, settlement, lending, and portfolio management. Co-founder and CEO Anton Katz expressed confidence in the future of digital asset infrastructure, predicting that traditional asset classes will eventually transition to this technology.
Talos' expansion into Asia mirrors similar moves by other crypto companies seeking favorable business environments in the region. This highlights the significance and potential of the Asia-Pacific region for the digital asset industry.