Talos and Uniswap Forge Landmark Deal to Boost DeFi Access for Institutions – Adoption on the Rise?
Talos – a digital trading infrastructure provider – has teamed up with Uniswap and Fireblocks to connect institutional traders to the decentralized finance (DeFi) ecosystem.
Per a press release from Uniswap on Thursday, Talos’s clients will be able to use the protocol’s trading APIs to access trading for thousands of tokens with their familiar Talos order book format.
Once launched, Talos clients can execute orders on Uniswap using its time-weight average price (TWAP) algorithm – a widely used price oracle mechanism designed to exclude short-term price manipulations.
The integration will allow Talos’s strategies to seamlessly interact with both centralized and decentralized liquidity venues and help achieve best execution.
Anton Katz, CEO and Co-Founder of Talos, stated:
“At the cornerstone of the DeFi ecosystem, Uniswap has the breadth of assets and depth of liquidity that institutional traders need… Together, we share a vision of making digital assets more accessible in a financial marketplace that’s more open.”
Uniswap is the world’s largest decentralized exchange (DEX) and liquidity venue, currently boasting $3.6 billion in TVL, according to DeFiLlama.
Meanwhile, Fireblocks is one of the world’s premiere crypto custodians and will handle digital assets on behalf of institutions who also use Talos SAAS products to streamline the trading process.
#uniswap #Talos #DeFiChallenge #DeFiUnleashed #DeFiImpact
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