Crypto software provider Talos Trading is poised to double its workforce in the Asia-Pacific region, leveraging the area’s favorable regulatory environment.
Talos Trading, a New York-based crypto trading software provider, plans to expand its workforce in the Asia-Pacific region over the next year to take advantage of the evolving regulatory landscape.
Samar Sen, head of Talos’ APAC division, highlighted that regulatory clarity in markets such as Hong Kong, Singapore, and Japan has positioned Asia as a vital growth area, stating, “Asia punches above its weight in terms of contribution to the bottom line of global digital-asset companies.”
Sen further mentioned that the hiring initiative aims to enhance business development, client services, and the product and engineering teams, citing that many of Talos’ largest clients, based on trading volume, are located in the APAC region.
Established in 2018, Talos Trading is now valued at $1.25 billion and has attracted investment from significant financial entities, securing funding from well-known institutions and venture capital firms.
The company specializes in software that encompasses the complete crypto trading lifecycle, including liquidity sourcing, price discovery, trading, settlement, lending, and portfolio management.
The emphasis on Asia reflects a trend among major crypto players seeking a more advantageous business climate in the region, as many companies are shifting their focus toward markets that are more open to innovative technologies.
