Crypto Trading Technology Firm Talos to Buy Data Platform Coin Metrics for Over $100M: Source
2025-07-16 12:37:22
Main Idea
Crypto trading technology firm Talos is acquiring data platform Coin Metrics in a deal exceeding $100 million, marking its largest acquisition to date.
Key Points
1. Talos is acquiring Coin Metrics for over $100 million, combining Talos's execution and portfolio management infrastructure with Coin Metrics' blockchain analytics and market data.
2. This acquisition is the largest in Talos's history, following previous acquisitions of Cloudwall, Skolem, and D3X Systems.
3. The combined platforms aim to create a fully integrated, one-stop solution for clients, enhancing their offerings with on-chain analytics and portfolio construction.
4. Talos, headquartered in New York, operates in 32 countries and has been actively expanding its capabilities through mergers and acquisitions.
Description
Talos, an institutional trading technology provider for digital assets, is set to acquire crypto data firm Coin Metrics in a deal exceeding $100 million, according to a person familiar with the matter. The acquisition will combine Talos’s execution and portfolio management infrastructure with Coin Metrics’ blockchain analytics, market data, and index products, creating what the firms claim is the industry’s first fully integrated data and investment management platform for digital assets, Talos ...
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