Cryptocurrency trading software provider Talos acquires DeFi platform Skolem.

ChainCatcher news, cryptocurrency trading software provider Talos has now acquired Skolem, which offers a DeFi access platform. The scale of the transaction and other terms have not been disclosed.

Talos stated that Skolem will help expand its on-chain capabilities and connect its institutional clients to more decentralized finance or DeFi services.

Talos co-founder and CEO Anton Katz said, "This acquisition helps Talos expand our on-chain capabilities, providing clients with access to more DeFi liquidity pools and enhancing our PMS products and DeFi services."