Amber Group Announced its new Partnership With This Digital Firm

  • Earlier this month, Amber Group announced its partnership with Talos Trading.
  • This partnership will integrate the liquidity venue of Amber Group’s digital asset platform, WhinFin, into Talos.

On November 02, 2022, in the Press Release of Talos’s, available on its official website, it announced its partnership with Amber Group to unlock global liquidity and additionally expand digital asset trading.

On the same day, Talos shared a post on its Twitter account for its new partnership.

Amber Group and Talos Collaboration

Amber Group, a leading global digital asset firm, now joins hands with Talos, known as the premier provider of institutional digital asset trading technology. This following partnership brings these two pioneer firms together in the digital asset industry, so it will integrate liquidity venues of Amber Group’s flagship digital asset platform, WhaleFin, into Talos.

Moreover, the partnership, this integration will facilitate greater access to Amber Group’s liquidity via Talos’s market-leading institutional trading platform and broaden digital asset trading for all its users.

This partnership represents that Talos continues to grow its business and solidify its presence in Asia Pacific. On the other hand, Amber Group will join Talos’s extensive partner network of over 40 liquidity venues that includes leading exchanges such as Binance, Coinbase, and FTX, as well as top OTCs & market-markers.

The integration illustrates these firms’ commitment to drive institutional adoption of digital assets, and also addresses the growing need for advanced trading solutions required by sophisticated crypto-natives and traditional capital markets firms. 

This new digital asset trading partnership capitalizes on the synergies between Talos’s and Amber Group’s offerings by matching Talos’s end-to-end digital asset trading technology services with Amber Group’s institutional-grade liquidity venue WhaleFin.

It must be noted that liquidity in digital assets means the ease with which a digital currency or token can be converted to another digital asset or cash without impacting the price and vice-versa.

The Leader’s Talk

Annabelle Huang, Amber Group’s Managing Partner, shared her thoughts on this partnership, she said “This partnership lays the foundation for us to continue building institutional confidence in crypto assets through ease of access to Talos’s trusted trading technology and Amber Group’s liquidity offering – all this while complementing our commitment to deliver best-in-class service to our clients, be it via superior block pricing or greater transparency for all.” 

Samar Sen, Head of APAC at Talos, also added that “As the market-leading trading technology provider that powers institutional access to digital assets, we are proud to partner with Amber Group, and support the overall maturation of the digital asset ecosystem. And Despite current market conditions, we continue to see increasing adoption of digital assets by institutions.”

Now, the result of this partnership will tell if this partnership will ‘go smooth on the road of digital asset trading’ or will need any minor correction!

Nancy J. Allen
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Source: https://www.thecoinrepublic.com/2022/11/06/amber-group-announced-its-new-partnership-with-this-digital-firm/