In accordance with an organization's press launch on Wednesday, Talos, a supplier of institutional buying and selling know-how, is buying coin metrics from its knowledge firm because it seems to develop its companies for institutional traders. This transaction will probably be added to this yr's crypto M&An area buying and selling listing.
Talos spokesman doesn’t affirm the dimensions of the transaction Decryption Nevertheless, a number of information shops reported that it was valued at $100 million, citing unnamed sources. Talos stated it was the largest deal within the firm's historical past.
Coin Metrics provides crypto market feeds and different market intelligence companies.
Massive Announcement: Talos has agreed to amass Coin Metrics (@coinmetrics), a pacesetter in crypto market knowledge and blockchain analytics.
This strategic mixture creates the primary totally built-in institutional platform that integrates best-in-class execution and portfolio…pic.twitter.com/2womyfcsz
– July 16, 2025, TALOS (@TaloStrading)
“By bringing collectively the platform, we create a totally built-in one-stop answer that advantages shoppers from each corporations,” Anton Katz, CEO and co-founder of Talos, stated in an announcement. “Establishments are more and more centered on supporting the whole digital asset funding lifecycle, from buying and selling and portfolio administration to market knowledge, chain evaluation and portfolio development.”
The acquisition comes amid rising crypto M&An area as costs for Bitcoin and different digital property skyrocket. In Could, Coinbase, the biggest US crypto alternate, purchased Spinoff Trade Diribit for $2.9 billion within the trade's greatest deal this yr. Coin accomplished a number of acquisitions this yr.
In April, Magic Eden stated it might purchase Slingshot Finance, a cell first crypto buying and selling software identified for its cross-chain swap and retail-friendly interface.
And San Francisco-based Kraken stated it was shopping for the Futures Buying and selling Platform Ninjatrader in March for $1.5 billion.
Talos provides know-how that permits establishments to take part in cryptographic functions. I purchased it final yr Cloud WallDigital Asset Threat Know-how and Skolem, Know-how Developer A supplier that permits institutional traders to effectively join with decentralized monetary markets.
Talos covers the entire buying and selling lifecycle, together with liquidity procurement, value discovery, buying and selling, settlement, lending, borrowing, and portfolio administration. It was the creation of Katz and Ethan Feldman that noticed the necessity for buying and selling platforms for institutional traders. In 2022, Talos raised $105 million within the Sequence B funding spherical at a $1 billion valuation.
