Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News

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Citi, Wells Fargo, and BNY Mellon are investing in digitalasset tech firm Talos. cryptocurrency bitcoin $BTC

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates

A number of major financial services companies, including Citi and Wells Fargo, have joined a funding round for Talos, a global firm that provides institutional digital asset trading technology. “Our institutional-grade infrastructure technology supports the full lifecycle of digital asset trading, from price discovery to execution through to settlement,” its website describes, adding that “Talos is removing the barriers to wide-scale crypto adoption.”

 

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1/2 After the UST/Luna debacle, I think that its clear that the Crypto Space is too naive for the jackals to be entering the fray. The drawing board needs to be more flexible and able to tolerate the shenanigans of wall street before they come in.

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