Talos acquires the cryptocurrency risk management platform Cloudwall
ChainCatcher news, according to The Block, cryptocurrency trading software provider Talos, supported by companies like Citibank and a16z, has fully acquired the cryptocurrency risk management platform Cloudwall. The scale of the transaction has not been disclosed, but Talos stated that Cloudwall will enhance its existing cryptocurrency portfolio management system to help its institutional clients manage risk and optimize their portfolios.
It is reported that Cloudwall is Talos's second acquisition following last year's D3X Systems. Talos co-founder and CEO Anton Katz stated that by acquiring Cloudwall, Talos will expand its PMS in the areas of spot, futures, perpetual equity, and options.
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