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By Will Canny, AI Boost|Edited by Parikshit Mishra
Updated Jul 16, 2025, 12:21 p.m. Published Jul 16, 2025, 12:21 p.m.
- 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.
STORY CONTINUES BELOW
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
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.
Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He’s now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
