16-7-2025 – Talos, a New York-based provider of digital asset trading infrastructure, has acquired blockchain data firm Coin Metrics for over $100 million, first reported by Fortune. The deal, finalized on July 15, 2025, aims to enhance Talos’ offerings for institutional investors by integrating Coin Metrics’ advanced on-chain and off-chain data analytics. Founded in 2018 by Wall Street veteran Anton Katz and CTO Ethan Feldman, Talos serves hedge funds, asset managers, and banks with sophisticated trading tools for cryptocurrencies like Bitcoin and Ethereum.
The acquisition aligns with Talos’ goal to provide a comprehensive platform for institutional clients, combining trading, portfolio management, and now robust data services. Coin Metrics, a leader in blockchain analytics, offers real-time and historical data, strengthening Talos’ ability to support complex trading strategies and risk management.
The crypto sector has seen a surge in mergers and acquisitions, with recent deals like Stripe’s $1.1 billion purchase of stablecoin firm Bridge signaling growing institutional interest. Talos, valued at $1.25 billion after a 2022 funding round backed by Citi and Andreessen Horowitz, is positioning itself as a one-stop shop for financial institutions navigating digital assets. CEO Katz emphasized the strategic fit, noting Coin Metrics’ data capabilities will enhance client decision-making in a rapidly evolving market.
