Talos Integrates OEMS with BlackRock’s Aladdin Platform for Institutional Crypto Trading
Talos, the leading provider of institutional-grade technology and data for digital asset trading, has integrated its order and execution management system (OEMS) with BlackRock’s Aladdin® platform, marking a major step in institutional adoption of digital assets. The new connection streamlines crypto order management within Aladdin’s unified investment infrastructure, with more than $1 billion in trading volume executed within the first week of implementation.
This integration allows BlackRock’s trading teams to route digital asset orders directly to Talos’s OEMS, leveraging a suite of advanced tools including smart order routing, algorithmic execution, and real-time post-trade reporting. The synchronized workflow between the two systems delivers quicker, more efficient execution while maintaining the identical level of risk and compliance oversight that institutional investors expect.
Unlocking Institutional Efficiency in Digital Asset Trading
Digital assets are a growing part of the investment landscape, and we’re building the infrastructure to keep pace with investor interest and demand,
said Dan Veiner, Head of Markets at BlackRock. Integrating Talos into Whole Portfolio applications on the Aladdin platform enables us to expand and further automate our crypto trading capabilities. Talos’s crypto-native technology strengthens our execution capabilities now, ensuring we’re ready to meet future client demand with greater efficiency, liquidity access, and execution quality.
Through this integration, Talos provides access to its extensive network of centralized platforms, decentralized finance (DeFi) protocols, and over-the-counter (OTC) dealers, enhancing liquidity sourcing and price discovery for institutional traders. The connection supports multiple execution strategies such as volume-weighted average price (VWAP), time-weighted average price (TWAP), and request-for-quote (RFQ) workflows, offering traders flexibility and control in execution.
Talos’s RFQ functionality was built specifically to enhance BlackRock’s crypto ETP creation and redemption process, allowing competitive pricing from multiple OTC dealers. With the integration, the identical RFQ workflow can now be utilized for broader institutional trading activities across digital assets.
Institutional Adoption Accelerates Through Integration
Connecting the Aladdin platform with Talos is a direct reflection of the state of institutional adoption of digital assets,
said Anton Katz, CEO and Co-Founder of Talos. Through this integration, we’re excited to expand access for institutions at a time of unprecedented . As large, traditional firms move from exploration to execution on their , they expect the identical level of sophistication they’re accustomed to in traditional markets. Through this integration, BlackRock can now access that standard directly within their existing workflows.
This partnership also lays the groundwork for future innovations, including portfolio construction, optimization, and advanced integrated directly into Aladdin. The development marks a critical milestone in bridging traditional finance and digital markets, enabling institutional investors to operate with greater transparency, efficiency, and confidence.
With both companies bringing deep and asset management, the collaboration represents one of the most significant steps toward establishing institutional-grade digital asset infrastructure across the global investment ecosystem.
