The third-most visited cryptocurrency exchange in the world, Bybit, has announced an exciting cooperation with Talos, the leading supplier of institutional digital asset trading technology.
The integration combines the strength of Bybit’s access to a broad range of digital assets and best-in-market enterprise solutions, such as trading execution with accuracy, with Talos’s powerful trade infrastructure solutions.
Bybit will be able to simplify access for institutions wishing to enter the cryptocurrency industry through the Talos platform thanks to this agreement. Moreover, this new partnership will improve real-time liquidity, further enhancing the Bybit user experience.
The sole integrated cryptocurrency exchange, Bybit, has consistently increased its market share throughout 2022, taking over the second position in trading for perpetual and futures multiple times so far this year. Bybit achieved its highest-ever market share in these derivative markets in January [a], reaching 14.6%. Bybit’s status as one of the preferred cryptocurrency derivatives exchanges for institutional investors across the world has been cemented by these achievements.
A large part of Bybit’s enormous success can be attributed to its strong institutional services, which also include specialized loans, a unified trading account, API capabilities, high-power infrastructure, and its efforts to establish a reputable brand with a dedication to security, third-party custodians, and real-time proof-of-reserves powered by a specially designed Merkle Tree.
Talos’s well-known, institutional-grade trading infrastructure was created by the same engineers that created many of the most well-known systems in the capital markets and provides a dependable and secure platform trusted by well-established market participants and end-users. Talos also offers professional services like trading, portfolio management, and settlement tools. From the Americas to EMEA to APAC, their solutions are accessible directly or via white-label partners across the globe.
“Bybit understands the burgeoning demand for advanced trading solutions required by increasingly sophisticated institutions as they pursue growth opportunities in cryptocurrency. We are excited to partner with Talos to facilitate fast, trustworthy, and secure access to digital asset investments,” said Ben Zhou co-founder and CEO of Bybit.
“Bybit is on a mission to offer next-level opportunities across the board. This partnership will allow us to offer the tech needed for streamlined trading operations and bridge the gap between institutional investors and digital currency networks.”
“The partnership with Bybit allows us to further extend our execution capabilities for clients, providing them with expanded options to engage and transact with the top destinations in the industry,” said Anton Katz, CEO and co-founder of Talos. “At Talos, we’re always looking to expand our connectivity through smart integrations like the one we now have with Bybit. The robustness of offerings on Bybit provides our users with a broad range of execution functionality to enhance quality, depth, and breadth across their trade activity.”