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ToggleInstitutional crypto trading firm Talos has integrated its Order and Execution Management System (OEMS) with BlackRock’s Aladdin® platform, marking one of the largest technology linkups between Wall Street and the digital asset sector. The integration processed over $1 billion in crypto trading volume during its first week signaling how deeply crypto is being woven into traditional finance operations.
Talos has integrated its OEMS with BlackRock’s Aladdin® platform to expand institutional digital asset order management capabilities for Aladdin users.
This integration unlocks greater efficiency for institutional trading. BlackRock’s team executed over $1 billion in trading… pic.twitter.com/naN4X1Oikv
— Talos (@talostrading) October 6, 2025
The integration allows BlackRock’s trading team to execute and manage cryptocurrency orders directly through Talos, connecting them to major exchanges, decentralized finance (DeFi) platforms, and OTC liquidity providers. Traders can now deploy sophisticated crypto trading algorithms, smart order routing, and real-time reporting without leaving the Aladdin system.
According to Dan Veiner, Head of Markets at BlackRock, the move is a response to growing institutional demand for digital asset exposure.
“Digital assets are a growing part of the investment landscape,”
Veiner said.
“Integrating Talos into Aladdin enhances our crypto trading infrastructure, ensuring we’re prepared for future client demand with greater efficiency and execution quality.”
This connection also supports advanced crypto execution strategies, including VWAP and TWAP algorithms, as well as RFQ workflows that source prices from multiple OTC dealers. The custom-built RFQ system is particularly key for crypto exchange-traded product (ETP) creation and redemption, improving liquidity and pricing precision across digital asset markets.
Talos CEO and Co-Founder Anton Katz said the partnership signals a new phase of institutional crypto adoption.
“Connecting Aladdin with Talos reflects how digital assets have matured into a core component of institutional portfolios,”
Katz said.
“BlackRock can now access crypto market depth and execution quality comparable to traditional assets.”
The move comes as crypto traders scale back long positions amid growing market uncertainty driven by escalating trade war tensions and the Federal Reserve’s tightening stance. This shift has led to a decline in futures open interest, signaling a cautious turn in short-term investor sentiment even as institutional infrastructure for crypto continues to strengthen.