Talos Appoints Ex-Cowen Digital Drew Forman as Head of Strategy

3 weeks ago

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Talos, a leading provider of institutional digital asset trading and portfolio management technology, has appointed Drew Forman as Senior Vice President and Head of Strategy. The newly created role underscores Talos’s rapid expansion amid accelerating institutional participation in digital assets.Forman will spearhead firmwide strategic initiatives across market expansion, product innovation, and corporate development. Reporting directly to CEO Anton Katz, he will drive alignment across Talos’s global business and assist shape its long-term position at the intersection of traditional and digital finance.

Takeaway

Talos is formalizing its next growth phase by blending Wall Street leadership with crypto-native infrastructure — a sign of institutional maturity in digital assets.

From Traditional Derivatives to Digital Infrastructure

As the former Head of Cowen Digital, Forman led the launch of a full-service institutional offering execution, custody, and aggregated liquidity for traditional finance clients. His background includes senior derivatives roles at Nomura, J.P. Morgan, and Macro Risk Advisors, as well as experience at Hudson Bay Capital focused on equity volatility strategies.

His appointment brings a strong mix of market structure expertise and strategic leadership to Talos as it strengthens its presence among global asset managers and hedge funds.

“We’ve viewn significant growth in traditional institutions entering digital assets, and with that comes a tremendous opportunity for Talos to support their sophisticated workflows,” said Anton Katz, CEO and Co-Founder of Talos. “Drew’s proven leadership in both traditional and digital finance makes him uniquely positioned to assist chart Talos’s next phase of growth.”

Institutional Adoption Surges

Forman’s appointment comes amid a year of rapid institutional expansion for Talos. The company has onboarded several large asset managers representing roughly $21 trillion in AUM, alongside hedge funds managing over $100 billion. Talos’s technology has also been adopted by multiple retail brokers, enabling trading for more than 100 million end users.

These milestones highlight Talos’s evolution from a specialized trading platform into the core infrastructure layer underpinning institutional participation in digital assets.

Takeaway

With trillions in institutional AUM connected, Talos has become the de facto bridge between Wall Street and the digital asset ecosystem.

Expanding Capabilities Through Strategic Integrations and Acquisitions

Talos recently integrated its order and execution management system (OEMS) with BlackRock’s Aladdin® platform — a key milestone linking digital assets to one of the world’s most widely used institutional investment systems.

The company has also completed a series of acquisitions aimed at enhancing its technology stack:

Coin Metrics – digital asset data provider
Cloudwall –
Skolem – institutional DeFi infrastructure
D3X Systems – portfolio engineering and optimization technology

Together, these integrations expand Talos’s ability to deliver an end-to-end institutional-grade digital asset platform spanning data, execution, risk, and portfolio management.

“This is an inflection point not only for Talos, but for the convergence of finance,” said Drew Forman. “I’m honored to join the leadership team and assist accelerate the next phase of growth.”