Coinbase Prime Partners with Talos to Offer Customers Spot Liquidity and Custody Services

According to reports, Coinbase Prime has reached a cooperation agreement with Talos, providing Talos customers with spot liquidity and custody services, allowing Coinbase Prime customers to access Talos’ trading products.

Coinbase Prime collaborates with Talos to promote access for institutional users

Coinbase Prime, the institutional trading arm of Coinbase, has recently entered into a partnership with Talos, a provider of institutional-grade cryptocurrency trading infrastructure. As per the agreement, Coinbase Prime customers will now have access to Talos’ trading products, while Talos customers will be able to benefit from Coinbase Prime’s spot liquidity and custody services.

Understanding the Partnership

Coinbase Prime offers its services to institutional investors, such as hedge funds, family offices, and asset managers, to help them trade cryptocurrencies in a secure and regulated manner. On the other hand, Talos provides a suite of trading infrastructure products, including order management systems, execution algorithms, and smart order routing, to help institutions trade cryptocurrencies at scale.
With the partnership between the two companies, Coinbase Prime customers will now have access to Talos’ trading infrastructure, making it easier for them to trade at scale without having to manage the complexities of disparate liquidity pools and order books. Meanwhile, Talos customers will benefit from Coinbase Prime’s secure and regulated custody solutions, which will help them store and safeguard their assets.
The partnership is expected to help both companies expand their reach and offerings, providing their customers with a wider range of services that cater to their specific needs.

Benefits for Coinbase Prime Customers

Coinbase Prime’s customers will now have access to Talos’ trading infrastructure, which includes a number of features such as:
– Smart order routing: This enables the customer to execute orders across multiple exchanges and liquidity pools, helping to achieve the best price and minimize slippage.
– Order management system: This allows customers to manage and monitor their orders across all exchanges and liquidity pools from a single interface.
– Execution algorithms: These algorithms are designed to reduce market impact and minimize execution risk.
The addition of Talos’ infrastructure to Coinbase Prime’s offerings will make it easier for institutional customers to access a wider range of trading products, while the smart order routing feature will help them achieve better execution prices.

Benefits for Talos Customers

Talos’ customers will now have access to Coinbase Prime’s spot liquidity and custody services, which provide the following benefits:
– Regulated custodianship: Coinbase Prime’s custody services are regulated, meaning that customers’ assets are stored securely and in compliance with industry best practices.
– Secure storage: Coinbase Prime employs a number of security measures, including multi-signature wallets and cold storage, to protect customers’ assets from theft and cyber attacks.
– Instant liquidity: Coinbase Prime’s spot liquidity services enable customers to quickly and easily trade cryptocurrencies without having to worry about managing their own liquidity.
The addition of Coinbase Prime’s services to Talos’ offerings will make it easier for institutional customers to access a wider range of services, while the regulated custodianship and secure storage features will help them to safeguard their assets.

Conclusion

The partnership between Coinbase Prime and Talos is expected to benefit both companies and their customers, providing institutional investors with a wider range of services and trading infrastructure. Coinbase Prime customers will now have access to Talos’ suite of trading products, while Talos customers will have access to Coinbase Prime’s spot liquidity and custody services.
The partnership is a testament to the growing demand for institutional-grade cryptocurrency services, and is expected to help both companies expand their reach and offerings in the coming years.

FAQs

Q1. What is Coinbase Prime?
A1. Coinbase Prime is the institutional trading arm of Coinbase, which provides services such as spot liquidity and custody services to institutional investors.
Q2. What is Talos?
A2. Talos is a provider of institutional-grade cryptocurrency trading infrastructure, such as order management systems, execution algorithms, and smart order routing.
Q3. What are the benefits of the partnership between Coinbase Prime and Talos?
A3. The partnership will provide Coinbase Prime customers with access to Talos’ suite of trading infrastructure, while Talos customers will have access to Coinbase Prime’s spot liquidity and custody services.