Talos Makes Power Move: Acquires Crypto Data Giant Coin Metrics in $100M+ Mega-Deal
Wall Street's crypto arms race heats up as institutional trading tech firm Talos snaps up blockchain analytics platform Coin Metrics—because apparently, data is the new oil (and just as volatile).
The nine-figure deal signals institutional players are doubling down on infrastructure—while retail traders still fight over meme coin Shiba Inu derivatives.
Who needs fundamentals when you've got a Bloomberg Terminal for crypto? The acquisition gives Talos clients firehose access to on-chain metrics, pricing feeds, and network analytics—basically turning their algo traders into blockchain bloodhounds.
Funny how $100M suddenly seems reasonable in an industry where a JPEG just sold for 3,000 ETH. The 'data is priceless' narrative rolls on—until the next market crash, anyway.