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Citi-backed crypto unicorn Talos acquires DeFi platform Skolem | CRYPTO 4 | Gems Shilling

Citi-backed crypto unicorn Talos acquires DeFi platform Skolem

Talos, a crypto trading software provider and unicorn backed by heavyweights including Citibank and Andreessen Horowitz (a16z), has acquired Skolem, which offers a DeFi-access platform.

The size of the deal and other terms weren't disclosed, but Talos said Skolem would help expand its on-chain capabilities and connect its institutional clients to additional decentralized finance or DeFi services.

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