Bitcoin

Talos acquires Coin Metrics in $100M deal — Report

Talos, a platform that provides infrastructure and trading technology for digital asset trading institutions, has agreed to acquire corner metrics, a popular blockchain analysis platform.

One source told Fortune that the agreement has concluded more than $ 100 million, although when the editorial is drafted, it does not remain clear how paid in cash and equity.

The acquisition will allow Talos to incorporate data from the Metric Coin Coin Market, reference indices and analysis tools in its platform.

The co-founder and CEO of Talos, Anton Katz, said in a press release that the agreement had sought to respond to customer demand for full cycle cryptography services, trading and portfolio management in Analytics Onchain.

“Institutions are turning more and more to support the entire life cycle of digital asset investments … Combining our teams and technologies provides a unique powerful platform.”

Tim Rice, co-founder and CEO CEO, said that the future of digital assets will require a solid infrastructure capable of supporting trade, investment and risk management on an institutional scale.

Related: Netcapital Fintech Classified Nasdaq acquires a mixture of crypto native protocol

Talos continues to grow thanks to new acquisitions

The acquisition of money measures is the largest of Talos, but not the first. In 2023, he acquired D3X Systems, a portfolio construction platform, followed by the Cloudwall risk management company in April 2024 and the Skolem institutional deffi platform in May. The financial conditions of these transactions have not been disclosed.

Despite the recent bear market and uncertainty about the regulation of cryptos in the United States – which has probably prevented many potential institutional investors from investing in Talos – the company has led successful financing series in recent years.

https://www.youtube.com/watch?v=Ae_enjrbddu

In 2021, Talos raised $ 40 million in a round supported by Andreessen Horowitz. The following year, he obtained $ 105 million in funding led by Stripes, assessing $ 1.3 billion. The other major institutional investors include Bny Mellon, Paypal, Citi and Wells Fargo Strategic Capital.

Katz told Fortune that with the new user-friendly crypto administration in the United States, it is certain that other major institutions will enter the crypto. “I do not know if there are large financial institutions with which we are not in conversations.”

Related: Crypto VC transactions reached 2025 low despite $ 909 million collected in May

M&A increases in digital active space

The agreement comes at a time when mergers and acquisitions (M & AS) are gaining momentum in cryptographic space. On Monday, Metaplanet CEO, based in Tokyo, was part of a consortium merchant majority in SGA, a public software service company. If it is finished, the agreement would allow SGA to acquire bitcoin and become a Bitcoin cash company like Metaplanet – which seeks to extend its strategy throughout Asia.

In May, the Robinhood brokerage fintech platform said that it would acquire the Canadian crypto company Wonderfi in the second half of 2025 for around $ 179 million. The same month, Alchemy, a web developer platform 3, acquired NFT Launchpad Heymint, based in California, for a non-disclosed amount.

Review: How the laws on cryptography change around the world in 2025