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Talos, a leading institutional crypto trading platform, has acquired data firm Coin Metrics in a deal reportedly worth $100 million. The acquisition aims to expand Talos’ services for institutional investors amid a surge in crypto M&A activity.
- Talos' acquisition of Coin Metrics is reportedly valued at $100 million, marking its largest deal to date.
- The deal enhances Talos' offerings for institutional investors, integrating trading, market data, and on-chain analytics.
- The crypto M&A space is booming, with major acquisitions by Coinbase, Kraken, and Magic Eden in 2024.
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