Talos, Uniswap, and Fireblocks Join Forces to Enhance DeFi Access for Institutions
Talos, a digital trading infrastructure provider, has partnered with Uniswap and Fireblocks to connect institutional traders with the decentralized finance (DeFi) ecosystem. Through this collaboration, Talos clients will have access to Uniswap’s trading APIs and can trade thousands of tokens using their familiar Talos order book format.
With the integration, Talos clients will be able to execute orders on Uniswap using the time-weight average price (TWAP) algorithm, which helps eliminate short-term price manipulations. This connection between traditional finance (TradFi) and DeFi will allow Talos’s strategies to interact seamlessly with both centralized and decentralized liquidity venues, ensuring optimal execution.
Uniswap and Fireblocks: Key Players in the Collaboration
Uniswap is currently the largest decentralized exchange (DEX) and liquidity venue globally, with $3.6 billion in total value locked (TVL). Fireblocks, on the other hand, is a leading crypto custodian that will handle digital assets on behalf of institutions using Talos SAAS products.
The partnership between these three entities aims to bridge the gap between Wall Street investors and crypto by providing better infrastructure and tools that are already familiar to traditional financial firms. By doing so, they hope to make digital assets more accessible in an open financial marketplace.
Hot Take: Promoting Institutional Adoption of DeFi
The collaboration between Talos, Uniswap, and Fireblocks marks a significant step towards increasing institutional access to DeFi. By leveraging Talos’s trading infrastructure, clients can now easily navigate the DeFi landscape and trade a wide range of tokens on Uniswap. This integration not only enhances liquidity but also promotes best execution practices.
With the rise of DeFi and the growing interest from institutional players, this partnership demonstrates the increasing convergence between traditional finance and decentralized finance. As more institutions recognize the potential of DeFi, we can expect further adoption and innovation in this space.
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