
Talos, a platform that gives buying and selling infrastructure and know-how for establishments buying and selling digital belongings, has agreed to accumulate Coin Metrics, a preferred blockchain analytics platform.
A supply advised Fortune that the deal closed at over $100 million, although on the time of writing, it stays unclear how a lot was paid in money versus fairness.
The acquisition will allow Talos to include Coin Metric’s crypto market information, benchmark indexes and analytics instruments into its platform.
Talos co-founder and CEO Anton Katz stated in a press launch the deal sought to sort out demand from shoppers looking for full-cycle crypto companies, from buying and selling and portfolio administration to onchain analytics.
“Establishments more and more look to us to help your entire digital asset funding lifecycle… Combining our groups and applied sciences delivers a uniquely highly effective platform.”
Large announcement: Talos has agreed to accumulate Coin Metrics (@coinmetrics), the chief in crypto market information and blockchain analytics.
This strategic mixture will create the primary totally built-in institutional platform that unifies best-in-class execution and portfolio… pic.twitter.com/2WomyfccsZ
— Talos (@talostrading) July 16, 2025
Tim Rice, co-founder and CEO of Coin Metrics, stated the way forward for digital belongings would require robust infrastructure able to supporting institutional-scale buying and selling, funding and danger administration.
Associated: Nasdaq-listed fintech Netcapital acquires crypto native protocol Mixie
Talos continues to develop by new acquisitions
The Coin Metrics acquisition is Talos’s largest, however not its first. In 2023, it acquired D3X Methods, a portfolio building platform, adopted by danger administration firm Cloudwall in April 2024 and institutional DeFi platform Skolem in Might. The monetary phrases for these offers weren’t disclosed.
Regardless of the current bear market and uncertainty round crypto regulation in the USA — which has doubtless prevented many potential institutional buyers from investing in Talos — the corporate has led profitable funding rounds in recent times.
In 2021, Talos raised $40 million in a spherical backed by Andreessen Horowitz. The next yr, it secured $105 million in funding led by Stripes, bringing its valuation to $1.3 billion. Different main institutional buyers embrace BNY Mellon, PayPal, Citi and Wells Fargo Strategic Capital.
Katz advised Fortune that with the brand new crypto-friendly administration within the US, he’s sure extra main establishments will transfer into crypto. “I don’t know if there are any massive monetary establishments left that we’re not in conversations with.”
Associated: Crypto VC offers hit 2025 low regardless of $909M raised in Might
M&A is growing within the digital asset house
The deal arrives at a time when mergers and acquisitions (M&As) are gaining momentum within the crypto house. On Monday, the CEO of Tokyo-based Metaplanet was a part of a consortium negotiating a controlling stake in SGA, a public software program service firm. If accomplished, the deal would allow SGA to accumulate Bitcoin and change into a Bitcoin treasury firm like Metaplanet — which is looking for to develop its technique all through Asia.
In Might, the brokerage fintech platform Robinhood stated it might purchase Canadian crypto firm WonderFi within the second half of 2025 for about $179 million. In the identical month, Alchemy, a Web3 developer platform, acquired California-based NFT launchpad HeyMint for an undisclosed quantity.
Journal: How crypto legal guidelines are altering internationally in 2025