Crypto software company Talos Trading is set to double its workforce in the Asia-Pacific region, taking advantage of the region’s regulatory framework.

Markets like Hong Kong, Singapore and Japan, with regulatory clarity, have made them key growth areas.

Talos is backed by major banking groups such as BNY Mellon, Citi, Wells Fargo, General Atlantic and Strategic Capital, along with previous backing from Andreessen Horowitz and PayPal Ventures.