Skolem Technologies
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Skolem Technologies was a New York-based institutional DeFi infrastructure company founded in 2020 by JP Smith (formerly of security firm Trail of Bits) and Taotao He. Its full-stack data and trade-execution platform let institutional investors trade, stake, lend and provide liquidity in decentralized finance without substantially increasing technical headcount or portfolio risk, offering reliable execution, a web UI and API, real-time on-chain data streaming, pre-transaction simulations and full trade-lifecycle accounting. It raised $20 million in a Series A led by Galaxy Digital in June 2022, with Point72 Ventures, Jump Crypto, Dragonfly Capital and Morpheus Ventures participating.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
JP Smith and Taotao He found Skolem Technologies in New York to build institutional-grade infrastructure for DeFi markets.
- Series A funding
Skolem raises $20 million in a Series A led by Galaxy Digital, with participation from Point72 Ventures, Jump Crypto, Fenwick & West, Morpheus Ventures and Dragonfly Capital.
- Acquired by Talos
On May 30, 2024, Talos—a provider of institutional digital-asset trading technology—announces its acquisition of Skolem to connect institutions to DeFi, integrating Skolem's on-chain capabilities into Talos's portfolio management and execution systems.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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