Bybit Teams Up with Talos to Simplify Institutional Access to the Crypto Market

03/02/2023 10:42 • Metaverse & Beyond • 70 views

On March 2, the encryption exchange Bybit announced the establishment of a dynamic partnership with institutional digital asset trading technology provider Talos. The cooperation between the two sides will enable Bybit to simplify the access of institutions that want to enter the encryption field through the Talos platform. In addition, it will improve real-time liquidity and further improve the user experience of Bybit. （MediaOutReach）

Crypto Exchange Bybit and Talos reached cooperation

Interpretation of the news:

Bybit, one of the leading cryptocurrency exchanges in the world, has partnered with Talos, an institutional digital asset trading technology provider, as per a March 2 announcement. Under the collaboration, Bybit aims to simplify institutional access to the crypto market through the Talos platform. By doing so, the company hopes to enhance real-time liquidity and offer a more seamless user experience.

The move comes at a time when more and more institutional players are flocking to the crypto industry, demonstrating growing interest from traditional finance. However, the crypto market can be challenging for these players to navigate due to regulatory hurdles, lack of infrastructure, and other barriers. Bybit intends to solve these issues by leveraging Talos’ technology offerings, which include order management, risk management, and trade execution solutions designed specifically for institutional clients.

The collaboration is expected to increase Bybit’s reach in the institutional market, which is critical for the exchange’s growth and expansion plans. With institutional players gaining prominence in the crypto industry, Bybit is well-positioned to benefit from this trend by streamlining their entry into the market. This would place the exchange in a strong position to capture a larger share of the institutional market, which is still largely untapped.

The partnership with Talos also aims to improve customer experience on the Bybit platform by increasing liquidity and reducing trade execution times. Talos provides a suite of advanced liquidity and trading solutions that would allow Bybit to offer its customers access to more liquidity providers, thereby improving the quality of their trading experience.

In conclusion, Bybit’s partnership with Talos is a strategic move that positions the exchange to take advantage of the growing interest in the crypto market from institutional players. By simplifying institutional access to the market, Bybit hopes to increase its reach and grow its customer base while providing a more convenient and streamlined experience for its users.

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