The 24th Expansion and Talos... A Complementary Pair?
Dmitri Galinov, founder and current CEO of 24 Exchange, issued the following statement on his thoughts on the matter:

By integrating into the expanding Talos partner network, 24 Exchange will be able to give Talos clients improved access to possibilities for trading digital assets as well as more liquidity in those markets. Expanding access to Crypto Spot trading is a key component of 24 Exchange's growth strategy, and we are pleased to achieve that while also delivering a new liquidity venue in partnership with a respected pioneer such as Talos. This is just one of the many reasons why we are excited about the future of 24 Exchange.

Anton Katz, CEO and co-founder of Talos, added his two cents to the conversation by responding as follows:

24 Exchange has swiftly established itself as an effective and stable worldwide exchange that continues to extend the asset classes that its clients may trade, including Crypto NDFs and Spot. This expansion has enabled 24 Exchange to attract a large number of new customers. Customers that are members of the Talos partner network are looking for a way to gain access to the seamless execution and settlement services that 24 Exchange is currently providing for Crypto Spot. We are thrilled to announce that the high-quality liquidity destination offered by 24 Exchange will soon be available on our network and platform.

24 Exchange is working to educate institutions on how to trade cryptocurrencies effectively. The organization provides prices that are among the most reasonable in the industry, connection that is both speedy and uncomplicated, and a trading platform that is available around the clock, every day of the week. Customers are free to trade whenever it is convenient for them, without the stress of worrying that their deals will be held up or not processed within the allotted time frame. At the time of this publication, the firm facilitates trading through a variety of various venues, some of which being FX Swaps, Crypto NDFs, and FX Spot.

In the month of February of this past year, the company made a fresh application for a license to the Securities and Exchange Commission (SEC), with the intention of launching an entirely new digital exchange business.

A significant focus has been placed on expanding the number of establishments using cryptocurrency. It is a common opinion among experts and leaders in the business that the cryptocurrency industry will not likely acquire the kind of mainstream legitimacy it deserves until established institutions become actively involved in the sector.

Increasing the Number of Institutions That Are Involved
An institutional presence is still lacking in many ways, despite the fact that we have certainly witnessed instances in the past of institutions stepping into the digital currency trading scene (the software giant MicroStrategy and Jack Dorsey's payment platform Square are both large examples), we are not where we need to be, and an institutional presence is still lacking in many ways.

Talos was founded in 2018, and like 24 Exchange, its primary mission is to encourage institutional participation in cryptocurrency. Along with providing high-end corporate clients with bilateral access to suppliers of liquidity, the company's goal is to provide end-to-end trading services. Additionally, the firm provides institutions such as hedge funds, service providers, asset managers, and custodians with connectivity solutions that may be tailored to their specific needs.