Talos: digital-asset execution, brokerage technology and Coin Metrics data

Talos Trading Platform combines order management and execution tools for institutional digital assets. It aggregates exchange and OTC prices, compares pre-funded balances with streaming liquidity and routes within funding constraints while accounting for fees. The platform brings those fragmented relationships into one workflow.[2]

Talos supports both institutional trading desks and broker distribution. The FAQ lists crypto spot, futures, perpetuals, options and spot FX. Availability depends on the connected product and the client’s eligibility.[7]

Platform integrations use FIX, REST or WebSocket. Clients can submit their own algorithmic orders through the APIs; the detailed platform documentation is provided during onboarding.[7]

The provider network includes exchanges, OTC desks, prime brokers, custodians and post-trade services. FastLane offers cloud colocation and direct-connect options for eligible integrations. These are connectivity arrangements; their public description gives no universal end-to-end latency commitment.[8]

The 15 October 2026 OKX integration article explicitly describes options trading as live, covering linear and inverse contracts, market data and execution. This extends the separately documented Deribit integration; a connection still requires the relevant venue relationship and product eligibility.[12]

Coin Metrics Market Data Feed carries trades, quotes, order books, candles and derivative fields including funding, open interest, liquidations and greeks through REST and WebSocket. Network Data Pro instead aggregates blockchain activity such as supply, addresses, mining, transactions and fees.[10][11]

Talos does not publish a standard numerical OEMS or White Label subscription tariff in the inspected product material. The service configuration and connected counterparties therefore form part of the commercial discussion; an aggregated price is not an all-in Talos brokerage commission.[3]

Community data is free under the linked CC BY-NC 4.0 licence, rather than an unrestricted commercial feed. It includes limited datasets and history: Atlas covers selected assets over 30 days; granular reference rates are limited to seven data points. The documented request limit is ten per six-second sliding window per IP address.[25]

Talos says a straightforward setup can take as little as two days, while customised integration can take two weeks or longer. These are conditional supplier estimates. Sandbox access depends on the integration, and clients receive API documentation and knowledge-base access during onboarding.[7]

The Principal UI DPA’s safeguards, framed by commercially reasonable efforts, include MFA, encryption in transit and at rest, access logging and continuous security-alert escalation. Its appendix also specifies annual external penetration testing and remediation of critical/high findings within 30 days. These are contractual commitments, not independently tested results.[19]

Talos publishes 24/7 platform support and access to release information and the knowledge base. A numerical incident-response or restoration SLA was not established in the inspected material.[7]

The export guide notes that spreadsheet-based API queries can expose a key to anyone who can read the sheet or assembled URL. Keep access to that credential aligned with the underlying data entitlement; exporting a file does not expand its licence.[22]

Talos Global, Inc. is the holding company; Talos Trading, LLC supplies software. Clients independently negotiate liquidity, credit and custody arrangements, and Talos is not a party to those bilateral relationships. Separately regulated affiliates require their own eligibility review, onboarding and contracts; they are not included with the software.[1]

The published UK communication is restricted to the high-net-worth company, association and trust categories under Article 49. The inspected disclosure does not identify the separately licensed affiliates sufficiently to verify activity-specific permissions here.[1]

The trading page generally restricts derivative integrations to institutional non-US persons located outside the US, with enhanced eligibility review possible. White Label explicitly excludes the provision of licences, registrations and KYC/AML compliance: the deploying broker remains responsible for that operating framework.[2][3]

Anton Katz and Ethan Feldman founded Talos in 2018. Its timeline records a USD 105 million Series B in May 2022 and the acquisition of D3X Systems in May 2023, adding portfolio-engineering capabilities.[14]

Talos lists its headquarters at 300 Park Avenue South in New York, with offices in London, Singapore and Cyprus. The commercial contact routes cover this software and data business.[21]

The current Coin Metrics spotlight states that the acquisition is complete and Coin Metrics is now part of Talos. Its data services retain specific technical documentation and contract terms, which matters for licensing, billing and support.[15]

Talos also acquired technology developed by Skolem for institutional DeFi trading and management. The spotlight describes incorporation of DeFi access, on-chain monitoring and back-office accounting as work being built into the combined PMS/OEMS; that wording does not establish every proposed capability as live.[16]

Operator

Talos Global, Inc. group; Talos Trading, LLC for software

Service scope

Institutional digital-asset trading, brokerage technology, portfolio operations and Coin Metrics data.

Customer types

Banks; Broker-dealers; OTC desks; Asset managers; Hedge funds; Retail investment platforms

Delivery

SaaS; Hosted; API

Pricing publication

Public and quoted pricing

Platforms

Talos Trading Platform; White Label; Coin Metrics

Integrations

FIX; REST; WebSocket; Deribit; OKX

Implementation

Platform integrations and sandbox access depend on requirements; clients arrange their own counterparties.

Support

24/7 platform support; separate Coin Metrics data-support and public status routes.

Permissions and regulatory scope

Software and separately regulated affiliates have distinct contracts; no group-wide dealing permission is asserted.

Provider metadata checked 21 Oct 2026Source 1Source 21Source 2Source 9Source 7Source 3Source 25Source 14Source 5Source 15Source 12

The OEMS advertises multi-dealer RFQ, RFS and ESP.[2]

The dedicated RFQ Platform page is still labelled coming soon, including planned loans, repos and forwards. That product-specific availability label needs to be distinguished from the existing OEMS integration when agreeing scope.[13]

The data contract also allows ordinary service discontinuance across a geography on 90 days’ written notice. Regulatory or third-party changes have separate notice provisions. A qualifying detrimental change gives the customer 30 days from the supplier’s notice to terminate the affected service, with unused prepaid fees refunded proportionately.[17]

The September 2025 privacy notice retains personal information according to service needs, legal obligations and claims, without a single fixed period. It excludes information processed solely on a client’s behalf. Those personal-data provisions should therefore be read in the correct service role rather than treated as a deadline for migrating an entire trading database.[20]