Talos Acquires Coin Metrics in $100M+ Deal to Build Institutional Crypto Trading Hub
New York-based institutional trading platform Talos has made its largest acquisition to date, purchasing blockchain data firm Coin Metrics for over $100 million. The deal positions Talos as a comprehensive solution for institutional crypto needs, combining execution capabilities with robust market data.
The integration of Coin Metrics' real-time blockchain analytics and price feeds directly into Talos' platform creates a seamless workflow for institutional traders. This vertical integration covers the entire investment lifecycle, from trade execution to post-trade reporting.
Market participants gain access to enhanced on-chain insights alongside traditional market data, potentially setting a new standard for institutional crypto infrastructure. The acquisition reflects growing demand for sophisticated tools as traditional finance firms increase digital asset exposure.