INSUBCONTINENT EXCLUSIVE:
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
market data, benchmark indexes and analytics tools into its platform.Talos co-founder and CEO Anton Katz said in a press release the deal
sought to tackle demand from clients seeking full-cycle crypto services, from trading and portfolio management to onchain
technologies delivers a uniquely powerful platform."Tim Rice, co-founder and CEO of Coin Metrics, said the future of digital assets will
require strong infrastructure capable of supporting institutional-scale trading, investment and risk management
Related: Nasdaq-listed fintech Netcapital acquires crypto native protocol MixieTalos continues to grow through new acquisitionsThe Coin
In 2023, it acquired D3X Systems, a portfolio construction platform, followed by risk management company Cloudwall in April 2024 and
institutional DeFi platform Skolem in May
The financial terms for those deals were not disclosed.Despite the recent bear market and uncertainty around crypto regulation in the United
rounds in recent years.In 2021, Talos raised $40 million in a round backed by Andreessen Horowitz
The following year, it secured $105 million in funding led by Stripes, bringing its valuation to $1.3 billion
Other major institutional investors include BNY Mellon, PayPal, Citi and Wells Fargo Strategic Capital.Katz told Fortune that with the new
crypto-friendly administration in the US, he is certain more major institutions will move into crypto
low despite $909M raised in MayM&A is increasing in the digital asset spaceThe deal arrives at a time when mergers and acquisitions (M&As)
are gaining momentum in the crypto space
On Monday, the CEO of Tokyo-based Metaplanet was part of a consortium negotiating a controlling stake in SGA, a public software service
to expand its strategy throughout Asia.In May, the brokerage fintech platform Robinhood said it would acquire Canadian crypto company
WonderFi in the second half of 2025 for about $179 million
In the same month, Alchemy, a Web3 developer platform, acquired California-based NFT launchpad HeyMint for an undisclosed
