Talos to Buy Coin Metrics Amid Surge in Crypto M&A Activity

Key Points

1. Talos is buying Coin Metrics, a leader in crypto market data and blockchain analytics, though the deal size was not disclosed (reported as $100 million by some outlets).

2. The acquisition aims to integrate trading, portfolio management, market data, and on-chain analytics into a single platform for institutional investors.

3. The deal is part of a broader trend of increased mergers and acquisitions in the crypto sector, driven by rising Bitcoin and digital asset prices.

4. Other notable 2025 crypto M&A deals include Coinbase's $2.9 billion purchase of Deribit, Magic Eden's acquisition of Slingshot Finance, and Kraken's $1.5 billion buyout of NinjaTrader.

5. Talos, co-founded by Anton Katz and Ethan Feldman, previously raised $105 million in a 2022 Series B funding round at a $1 billion valuation.