Talos provides an institutional-grade technology infrastructure that supports the full lifecycle of digital asset trading and procurement, including liquidity sourcing, price discovery, trade execution, settlement, lending, and borrowing. The Talos platform connects the diverse group of participants involved in today's crypto-asset market structure - institutional investors, prime brokers, exchanges, OTC desks, lenders, and custodians - through a single point of access.
According to PR Newswire, institutional digital asset infrastructure provider Talos announced the completion of its integration with CFTC-regulated exchange Kalshi, enabling institutional clients to directly trade Kalshi event contracts and crypto perpetual contracts via the existing Talos interface without requiring additional access. Talos has launched two core features for this: first, an algorithmic trading suite for market makers and hedge funds (including strategies such as TWAP and POV), supporting spread trading between perpetual contracts and between perpetual contracts and spot; second, a block OTC trading interface based on the RFQ platform, connecting the OTC liquidity provider network.
Institutional crypto trading platform Talos has integrated prediction market operator Kalshi, allowing some clients to trade Kalshi's event contracts and crypto perpetual contracts through existing digital asset trading infrastructure without needing a separate connection. Talos will provide algorithmic order types such as Iceberg, TWAP, and POV, as well as multi-leg execution for perpetual-to-perpetual and perpetual-to-spot spread trades. Institutional clients can also execute block trades of Kalshi contracts through its RFQ platform using participating OTC liquidity providers. Talos plans to expand its trading software to brokers and trading platforms later this year, enabling them to offer Kalshi event contracts directly to their clients upon authorization, and to launch a unified prediction market data feed that standardizes events, trades, order books, open interest, and implied probabilities across multiple platforms. A CoinGecko report shows that the prediction market recorded a notional trading volume of $113.8 billion in Q2, a 48.7% quarter-over-quarter increase; notional trading volume in June reached $52.8 billion, setting a new monthly record. Kalshi's market share rose from 42.4% in Q1 to 58.9%, while Polymarket's fell from 35.8% to 30.2%.
According to Bloomberg, leverage trading capital in the cryptocurrency market is shifting from pure digital tokens to traditional financial assets such as stocks and commodities. The latest data from crypto trading technology provider Talos indicates that across five major trading platforms, the total open interest of perpetual futures contracts has fallen from approximately $81 billion to around $67 billion over the past year. Meanwhile, the total open interest of contracts linked to real-world assets (RWA) has surged from nearly zero to $9 billion, now accounting for 14% of the total positions on these platforms.
According to PR Newswire, institutional digital asset infrastructure provider Talos announced the completion of its integration with CFTC-regulated exchange Kalshi, enabling institutional clients to directly trade Kalshi event contracts and crypto perpetual contracts via the existing Talos interface without requiring additional access. Talos has launched two core features for this: first, an algorithmic trading suite for market makers and hedge funds (including strategies such as TWAP and POV), supporting spread trading between perpetual contracts and between perpetual contracts and spot; second, a block OTC trading interface based on the RFQ platform, connecting the OTC liquidity provider network.
Institutional crypto trading platform Talos has integrated prediction market operator Kalshi, allowing some clients to trade Kalshi's event contracts and crypto perpetual contracts through existing digital asset trading infrastructure without needing a separate connection. Talos will provide algorithmic order types such as Iceberg, TWAP, and POV, as well as multi-leg execution for perpetual-to-perpetual and perpetual-to-spot spread trades. Institutional clients can also execute block trades of Kalshi contracts through its RFQ platform using participating OTC liquidity providers. Talos plans to expand its trading software to brokers and trading platforms later this year, enabling them to offer Kalshi event contracts directly to their clients upon authorization, and to launch a unified prediction market data feed that standardizes events, trades, order books, open interest, and implied probabilities across multiple platforms. A CoinGecko report shows that the prediction market recorded a notional trading volume of $113.8 billion in Q2, a 48.7% quarter-over-quarter increase; notional trading volume in June reached $52.8 billion, setting a new monthly record. Kalshi's market share rose from 42.4% in Q1 to 58.9%, while Polymarket's fell from 35.8% to 30.2%.