Quick take:
- The compliance and regulatory hires will help Talos adhere to regulatory standards.
- Prior to Talos, Peschko worked at AQR Capital Management in a variety of compliance-related roles.
- Abedine was most recently senior product counsel at Coinbase and previously Meta.
Crypto trading firm, Talos, today announced two new compliance and regulatory hires: Josh Peschko as Head of Compliance and Alex Abedine as VP of Regulatory. With the expansion of the compliance and regulatory teams, Peshko and Abedine will ensure that Talos adheres to regulatory standards as regulatory scrutiny on the crypto space increases following the FTX fallout.
Both executives have deep and varied experience across the finance and Web3 industries. Peschko brings with him close to two decades of compliance experience in TradFi institutions, with a demonstrated history managing investment and compliance teams spanning all aspects of the front office, including research, portfolio management and trading.
Prior to Talos, Peschko worked at AQR Capital Management, where he served in a variety of compliance-related roles over his 16-year tenure, most recently as Global Head of Trading and Investment Compliance. Before that, he held a Risk Management monitoring and control position at JPMorgan.
On Talos’ regulatory team, Abedine brings deep product and regulatory experience in payments and crypto, most recently serving as Senior Product Counsel at Coinbase where he helped push forward crypto-native Web3 products including decentralized identity, Coinbase Card and Coinbase Pay.
Before Coinbase, Abedine served as Lead Product Counsel at Meta Platforms, advising on Instagram’s NFT marketplace, the international expansion of Facebook Payments and the launch of the Novi digital wallet and Diem digital currency.
Both Peschko and Abedine have been in their new roles for three months. Commenting on the new hires, Anton Katz, Co-Founder and CEO of Talos said: “We are thrilled to welcome Alex and Josh to the Talos team as we join the Blockchain Association to increase our regulatory presence and efforts,” said Anton Katz, Co-Founder and CEO of Talos. “Josh and Alex’s appointments represent a key milestone as we continue to build a world-class compliance and regulatory team capable of fostering relationships with regulators in multiple jurisdictions.”
The firm raised $105 million in Series B funding in May at a valuation of $1.25 billion. In September, Talos made four new hires as it expands in Europe and the U.S. Frank van Zegveld joined the firm as head of sales for the Europe, Middle East and Africa region, Matt Houston as client success director, Hillary Conley as business development director and Elizabeth Vanderkay as head of revenue operations.
Talos also today announced that it has joined the Blockchain Association, a community-led and member-driven group that works to ensure the industry is heard in the government, educating lawmakers and regulators about crypto networks.
“The Blockchain Association, the unified voice of the crypto industry, is proud to welcome Talos as its newest member,” said Kristin Smith, Executive Director of Blockchain Association. “By laying the groundwork for institutional adoption, Talos is helping to usher in the next phase of crypto’s expansion into financial services. Talos will play an integral role in our education and advocacy efforts with policymakers and regulators in Washington.”
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