Crypto Trading Firm Talos to Expand in Europe, U.S. With New Hires After Raising $105M

Crypto trading platform Talos has announced three key hires for its global expansion, after raising $105 million in a funding round.

Talos is hiring Frank van Zegveld, who joins the firm as head of sales for the EMEA region, Matt Houston as client success director, and Hillary Conley as business development director, the company told CoinDesk in a statement.

Zegveld will officially join the company in October, and will be based in Amsterdam. He previously worked in senior roles at Solid Trading and Lucera Financial Infrastructures.

The hiring come after Talos raised $105 million in a Series B funding round in May, which valued the company at around $1.25 billion and was led by traditional finance (TradFi) giants such as Citigroup (C), Wells Fargo (WFC) and BNY Mellon (BK).

“We’re excited to welcome these three talented individuals to the Talos team as we continue to expand our sales and business development presence worldwide,” Talos founder and CEO Anton Katz said, adding that the “extensive leadership and industry expertise of these new hires will enable us to build long-lasting relationships as we continue to build our global presence in EMEA and beyond.”

The hiring of seasoned TradFi veterans by crypto-linked companies have picked up in recent months as more institutional investors are expanding into the industry during the crypto winter. Most recently, three executives from JPMorgan left the bank to join crypto firms, defying the bear market.

Read more: 3 Ways Traditional Investors Can Gain Crypto Exposure

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