Talos, a NYC-based provider of institutional digital assets trading technology, acquired D3X Systems, a Bethesda, Maryland-based developer of institutional technology to support systematic investment strategies.
The amount of the deal was not disclosed.
Under the terms of the deal, the D3X Systems team will bring their expertise from the investment management industry, while existing D3X Systems clients will have integrated access to Talos’s digital assets trading platform and 24-7 white glove service.
Led by Xavier Witdouck, Founder and CEO, D3X provides a SaaS platform that enables investors to apply the advanced portfolio engineering techniques, tried and tested in traditional capital markets, to digital assets. Institutional clients will be able to design, validate, implement and manage customized portfolios.
The platform is designed as an open architecture, offering a comprehensive set of APIs to allow clients and partners to extend the core capabilities of the platform to address the needs of each client’s bespoke investment process.
Led by Anton Katz, Co-Founder and CEO, Talos powers digital asset trading strategies globally. Its network of services – trading platform, lending marketplace, data and analytics, and portfolio and settlement tools, all offered directly or through service providers on a white-label basis – enable clients of all types to transact end-to-end without concern for unnecessary intermediary risk or potential conflicts of interest. Talos has offices in New York, London, Cyprus, and Singapore.
FinSMEs
09/05/2023