Talos to Buy Coin Metrics Amid Surge in Crypto M&A Activity

In brief

  • Trading platform Talos is buying data company Coin Metrics.
  • Talos wouldn’t reveal the size of the deal.
  • A number of big crypto companies have made acquisitions this year.

Talos, a provider of institutional trading technology, is buying data company Coin Metrics as it looks to widen its services for institutional investors, according to a company press release on Wednesday. The deal adds to a growing list of deals in the crypto M&A space this year. 

A Talos spokesperson would not confirm the size of the deal to Decrypt but several news outlets reported that it was valued at $100 million, citing unnamed sources. Talos said it was the largest deal in the company’s history.

Coin Metrics offers a crypto markets feed and other…

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