Talos acquires Coin Metrics in $100M deal
The $100M acquisition brings Coin Metrics’ data, indexes and onchain analytics into Talos’s growing platform for institutional investors.
Talos, a platform that provides trading infrastructure and technology for institutions trading digital assets, has agreed to acquire Coin Metrics, a popular blockchain analytics platform.
A source told Fortune that the deal closed at over $100 million, though at the time of writing, it remains unclear how much was paid in cash versus equity.
The acquisition will enable Talos to incorporate Coin Metric’s crypto market data, benchmark indexes and analytics tools into its platform.