Crypto trading infrastructure firm Talos is acquiring Coin Metrics, a market analytics platform, in a massive deal worth $100 million. According to a new press release , Talos is purchasing the Boston-based crypto intelligence firm to become the first ever company in the industry to offer both investment management services as well as provide integrated data to clients. According to a report from Fortune, the deal is valued at over $100 million. Talos – which launched in 2020 – provides a litany of crypto-related solutions for institutional clients, including liquidity sourcing, price discovery, trading, payment settlements, and portfolio management services. Anton Katz, the chief executive of Talos and its co-founder, said in the press release that the merger will create a “one-stop shop” for institutional clients. “We’re thrilled to welcome Coin Metrics to Talos. By bringing our platforms together, we’re creating a fully integrated, one-stop solution that benefits the clients of both firms. Institutions increasingly look to us to support the entire digital asset investment lifecycle, from trading and portfolio management to market data, on-chain analytics, and portfolio construction. Combining our teams and technologies delivers a uniquely powerful platform, making our offering significantly stronger for our clients.” Last year, it was announced that Talos purchased Skolem, a platform that allows institutional investors to directly participate in decentralized finance (DeFi) ecosystems. This purchase came a year after Talos integrated with the decentralized exchange (DEX) Uniswap (UNI), one of the largest decentralized trading platforms in the world. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Katynn/Natalia Siiatovskaia The post Digital Asset Trading Infrastructure Firm Talos Takes Over Coin Metrics in Reported $100,000,000 Deal appeared first on The Daily Hodl .
