Nasdaq Partners with Talos to Bridge Digital and Traditional Finance
Nasdaq has forged a strategic alliance with Talos, integrating its Calypso risk management platform with Talos's institutional crypto trading network. The move targets inefficiencies in collateral utilization, where an estimated $35 billion remains trapped in legacy systems.
Institutional adoption of digital assets faces persistent friction from fragmented settlement layers and incompatible software. The partnership aims to unlock immobilized capital, particularly for firms operating across both traditional and crypto markets.