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BNY Mellon-backed crypto trading provider Talos Trading to double APAC workforce: report

Crypto software provider Talos Trading plans to double its workforce in the Asia-Pacific (APAC) region in order to take advantage of the region's regulatory landscape. Talos Trading's head of APAC, Samar Sen, highlighted the regulatory clarity in markets such as Hong Kong, Singapore, and Japan as a key growth opportunity. The company will focus on expanding its business development, client services, and product and engineering teams, as many of its top clients are based in the APAC region. Talos Trading, valued at $1.25 billion, focuses on software that covers various aspects of crypto trading. This move aligns with a trend among other crypto giants shifting their focus to the APAC region for a more favorable business environment.

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