Talos, a provider of institutional digital asset trading technology, is planning European expansion.
The New York-based firm has hired Frank van Zegveld as head of sales EMEA and Matt Houston as client success director following a $105 million Series B funding round earlier this year which valued it at $1.25 billion.
Van Zegveld brings over 20 years’ experience across TradFi trading, investing and technology, previously running sales and business development globally at Solid Trading and Lucera Financial Infrastructures. He will join Talos in October 2022 and be based in Amsterdam.
Based in London, Houston spent over 11 years working for Bloomberg enterprise trading solutions. He also previously worked for the Australian Securities Exchange and London Stock Exchange in account and business development roles. He will be responsible for the firm’s growing client base in EMEA.
Hillary Conley has also joined its US team as business development director. Based in the company’s New York office, she spent five years in the crypto markets at Gemini as business development director and four years at Bloomberg working in various business development roles.
“We’re excited to welcome these three talented individuals to the Talos team as we continue to expand our sales and business development presence worldwide,” said Talos founder and CEO Anton Katz.
“The extensive leadership and industry expertise of these new hires will enable us to build long-lasting relationships as we continue to build out our global presence in EMEA and beyond.”
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According to data presented by AugustaFreePress.com, the global crypto market cap has plunged by 57% since the beginning of the year, reaching $940bn last week.
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The overall market cap of the more than 21,000 coins is at $969 billion at the time of writing (7am UK), a 5.2% increase in the last 24 hours.
For round-ups of recent cryptocurrency news developments, click here.
For valuations of the top 100 coins by market cap in US dollars, plus 24-hour price change, see below.