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Crypto Trading Technology Firm Talos to Buy Data Platform Coin Metrics for Over $100M: Source

The combination will create an integrated data and investment management platform for trading cryptocurrencies.

Updated Jul 16, 2025, 12:21 p.m. Published Jul 16, 2025, 12:21 p.m.
Money in hand (Unsplash)
Digital asset trading technology firm Talos to buy Coin Metrics for more than $100M. (Unsplash)

What to know:

  • Crypto trading technology firm Talos is buying Coin Metrics for more than $100 million, according to a person familiar with the matter.
  • The deal will combine Talos’s execution and portfolio management infrastructure with Coin Metrics’ blockchain analytics, market data, and index products.

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 said in a press release on Wednesday.

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The move marks the largest acquisition in Talos’s history. The company has been actively expanding its capabilities through M&A, including prior acquisitions of Cloudwall, Skolem, and D3X Systems.

The acquisition further signals consolidation in the digital asset infrastructure space, as platforms seek to differentiate by offering end-to-end solutions to traditional finance players entering crypto.

Talos and Coin Metrics share a strong institutional client base, and the integration is expected to streamline data-driven workflows, from advanced portfolio analytics and risk assessment to execution and performance benchmarking.

"By bringing our platforms together, we're creating a fully integrated, one-stop solution that benefits the clients of both firms," said Anton Katz, CEO and co-founder of Talos, in the release.

"Institutions increasingly look to us to support the entire digital asset investment lifecycle, from trading and portfolio management to market data, on-chain analytics, and portfolio construction. Combining our teams and technologies delivers a uniquely powerful platform, making our offering significantly stronger for our clients," Katz added.

Headquartered in New York, Talos operates in 32 countries with offices in London, Cyprus, and Singapore.

Read more: Crypto Treasury Firm ReserveOne Going Public in $1B SPAC Deal

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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