Odaily Planet Daily News: Talos Trading Inc., a digital asset trading software provider, plans to double its Asia-Pacific headcount in the next 12 months. The New York company has identified Asia as a key market, thanks to its deep roots in the crypto industry and the regulatory clarity provided by regions such as Hong Kong, Singapore and Japan. Samar Sen, head of Talos Asia Pacific, said in an interview: "Asia has performed well in terms of its contribution to the profits of global digital asset companies. Many of Talos' major customers are companies in the Asia-Pacific region in terms of trading volume." He added that recruitment activities will focus on business development, customer service, and product and engineering positions. Sen said that because many early cryptocurrency adopters are concentrated in the region, "many complex transactions have also appeared in the derivatives field in Asia, much more than in the United States and Europe." A Talos spokesperson said that compared with traditional financial businesses (Asia-Pacific operations typically contribute 10-15% of global revenue to multinational companies), Talos' Asia-Pacific division contributes on par with its US and EMEA teams and is a key market for the business. Talos received $40 million in Series A funding in 2021, led by a16z, with participation from PayPal Ventures and Fidelity Investments. (Bloomberg)