Talos Integrates with Kalshi to Bring Prediction Markets and US Perpetuals to Institutional Investors

Institutional digital asset infrastructure provider Talos has integrated with financial exchange Kalshi. The integration enables select institutional clients, such as hedge funds and market makers, to trade Kalshi’s event contracts and US-onshore crypto perpetuals directly through their existing Talos interface without requiring additional technical setup.

The rollout introduces specialized execution capabilities to support institutional workflows. Clients gain access to Talos’s algorithmic trading suite – including order types like Iceberg, TWAP, and POV – to minimise market impact, alongside multi-leg execution for perp-to-perp and perp-to-spot spread trading. For large off-exchange transactions, Talos’s request-for-quote (RFQ) platform will provide a block trading interface linked to its network of over-the-counter liquidity providers.

Later this year, Talos plans to expand its dealer software to allow brokers and trading platforms to offer Kalshi event contracts directly to end customers, subject to local regulations. Additionally, Talos intends to launch a harmonised market data feed to standardise events, order books, open interest, and implied probabilities across prediction market venues into a single API format.

Hexaware Clients Given Access to Factory Software Development Capabilities

Hexaware Technologies has partnered with Factory to deliver agent-native software development to enterprise clients across major sectors, including banking and financial services.

The agreement integrates Factory’s Droid platform into Hexaware Technologies’ global delivery system. Hexaware Technologies previously deployed the Droid platform internally within its own engineering ecosystem.

“We’re seeing 5x to 10x gains in production-ready output while investing the necessary time in guardrails and governance so these agents can operate with efficiency and safety,” said David Corrado, senior vice president of strategic global clients at Hexaware Technologies.

Initial deployments focus on sectors requiring strict compliance, including banking and financial services.

The partnership follows internal application of the software for repository consistency, code migrations, documentation and refactoring.

New Funding as Feathery Expands Wealth and Insurance Data Management Platform

Feathery has secured US$30 million in funding to expand its artificial intelligence-powered data automation software for the insurance and wealth management industries.

Feathery’s platform provides data management capabilities that enable clients to overcome the restrictions presented by fragmented tech stacks, which are common within the sectors.

Erie Insurance Strategic Ventures provided capital alongside Index Ventures, Bain Capital Ventures, BrokerTech Ventures and SV Angel.

Co-founder Peter Dun and co-founder Zack Khan established the organisation in 2021 after working at Robinhood and Hightouch.

Feathery automates client onboarding, risk evaluation and data synchronisation across databases, client relationship management tools, custodians and policy administration systems.

Merger Brings ESG Book Under EthiFinance Ratings Brand

EthiFinance, which provides credit and sustainability ratings, has agreed a merger transaction with ESG Book to create a ratings agency that combines the data and analytics from both companies.

The merger, which will bring ESG Book under the EthiFinance brand, will enable financial markets clients to better meet obligations to report sustainability information and risk models, said Carol Sirou, chief executive officer of EthiFinance.

“By combining our strengths, we have the best platform to meet the needs of financial institutions and corporate issuers in a fast-moving market,” Sirou said.
EthiFinance was founded in Paris in 2004, while ESG Book was launched in Frankfurt in 2018.

Kraken-parent Payward Acquires Magic Labs’ Embedded Wallet Business

Payward, the parent company of digital asset exchange Kraken, has acquired Magic Labs’ embedded wallet business and its 60 million non-custodial wallets.

As financial services shift toward digital assets, wallets have become a primary gateway for retail and institutional products. They serve as the principal touchpoint where human users – and autonomous AI agents – store assets and execute transactions across both legacy banks and decentralised networks. For Payward, this acquisition could unlock a new ecosystem of financial services and enterprise users.

Circle Acquires IBM’s Blockchain Patents to Build the Internet Financial System

Best known for its USDC stablecoin, financial platform operator Circle has acquired IBM’s blockchain patent portfolio, comprising more than 680 patent families and nearly 1,000 issued patents worldwide. The patents relate to foundational blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification and secure cloud operations.

Circle says the acquisition directly supports Circle’s foundation for building the internet financial system, including USDC, the Circle Payments Network, the Arc blockchain and a growing suite of on-chain products and agentic AI financial tools.

FinScan Completes LSEG Validation for World-Check On Demand Integration

FinScan has completed LSEG Risk Intelligence’s technical validation process for its integration with World-Check On Demand. LSEG has designated the integration as ready to go to market.

The integration gives financial institutions access to LSEG’s risk intelligence within FinScan’s anti-money laundering (AML) and sanctions-screening workflows. It is designed to reduce the operational work involved in connecting screening technology with sanctions and watchlist data.

“Our process follows rigorous technical validation to confirm that partner integrations align with World-Check On Demand’s architecture, data delivery standards, and operational best practices,” said Priya Nallan, Head of Product, Screening at LSEG Risk Intelligence. “With this milestone achieved, FinScan is now recognized as a technology partner capable of delivering World-Check On Demand within its AML and sanctions screening workflows.”

FinScan said the integration can support sanctions and watchlist screening across multiple regulatory regimes. Users can access World-Check On Demand data directly within FinScan’s screening workflows.

“This confirms that FinScan is fully aligned with LSEG’s integration standards and ready to deliver World-Check On Demand within our screening platform,” said Deborah Overdeput, Chief Operating Officer at Innovative Systems.

FinScan is among the first screening technology providers to complete the full World-Check On Demand validation process. The designation provides a potential early-mover benefit as financial institutions seek closer integration between external risk intelligence and their screening systems.

“We’re seeing significant interest from our joint teams and customers in solutions that combine powerful screening technology with trusted risk data,” added Overdeput. “This achievement ensures FinScan customers can confidently deploy a validated integration that aligns with LSEG’s standards and delivers the intelligence compliance teams depend on.”

TS Imagine Expands Fixed Income Workflow Integration with Trumid

TS Imagine has expanded its electronic trading workflow integration with fixed income fintech provider Trumid. The update provides TS Imagine clients with broader access to Trumid’s trading ecosystem, including its list-based workflows, Trumid RFQ and Portfolio Trading (PT), alongside expanded automation and cross-protocol capabilities.

The integration introduces automated RFQ submission via Trumid AutoPilot, headless responder and initiator workflows, and API-driven execution. It also incorporates Trumid Full Self Trading (FST) to connect liquidity across protocols, with plans to add firm dealer streams via Trumid Attributed Trading in the second half of 2026. This builds upon the initial collaboration established between the two firms in 2020.

The expansion comes alongside strong growth for Trumid in Q2 2026. During the quarter, Trumid RFQ average daily volume surged 122% year-on-year, automated executions via AutoPilot more than doubled, and Portfolio Trading volume grew by approximately 40% to reach record levels in volume and buy-side participation.

FutureSports Launches Independent Index Administrator for Sports Performance Benchmarks

FutureSports has emerged from stealth to introduce independent, rules-based financial indexes that turn professional and college sports statistics into benchmark assets. Backed by prominent financial and sports institutions, the firm will soon roll out partnerships and products designed to provide new risk management and trading options across the sports ecosystem.

The company raised a seed investment round co-led by Marquee Ventures, alongside major backers including CME Ventures, Robinhood Markets, WEDBUSH, DRW Special Investments, Motivate VC, Phoenix Capital Ventures, and John and Linda Henry. Industry veterans have joined the board of directors, including Chairman Mark Wassersug (former ICE executive), Tim McCourt (CME Group), and Erik Hammer (Marquee Ventures).

FutureSports creates FutureSports Performance Indexes (FSPI) using official statistical outcomes to generate continuous values for tradable products, such as listed derivatives, ETFs, and OTC swaps. Upcoming league partnerships will allow institutional investors, corporate sponsors, broadcasters, insurers, and retail traders to hedge operational risks or trade regulated index futures based on athlete and team performances.

Connamara Technologies Introduces Bilateral Matching Support to EP3 Platform

Connamara Technologies has announced that its EP3 exchange, clearing, and surveillance platform now supports bilateral matching. This enhancement enables market operators to establish trading venues where transactions are governed by bilateral counterparty agreements rather than central clearing. The capability is designed to assist global customers in meeting regulatory requirements for bilateral trading while expanding the range of market structures supported by the platform.

Unlike centrally cleared venues, bilateral markets require order matching to account for specific contractual terms and notional limits between counterparties. EP3’s new matching algorithm validates these agreements in real time during the matching process to determine whether incoming orders are eligible for execution.

The update introduces API endpoints for managing bilateral terms, participant-specific market data displaying tailored executable quantities, and configurable matching algorithms on a per-instrument basis. It also features automatic bilateral limit adjustments tied to real-time trade clearing, further reinforcing EP3’s modular and extensible architecture.