Crypto infrastructure firm Talos acquires blockchain data provider Coin Metrics for over $100 million

On July 16, Fortune reported that crypto infrastructure company Talos announced the acquisition of blockchain data provider Coin Metrics for over $100 million. Talos was founded in 2018 by Wall Street veterans Anton Katz and Ethan Feldman, primarily providing institutional investors with trading infrastructure for digital assets such as Bitcoin and Ethereum. This acquisition reflects Talos' commitment to becoming a one-stop service platform for institutional-grade digital asset trading and portfolio management. Coin Metrics was founded in 2017 and focuses on providing on-chain and off-chain data services. Talos plans to fully integrate Coin Metrics into its team and platform and did not need to raise additional funds for the acquisition. Katz stated that as the Trump administration relaxes regulations, the trend of institutional investors entering the crypto market is a foregone conclusion, and digital assets will become the underlying technology of financial markets in the future, including the tokenization of traditional assets. [TechFlow]