Talos Spends Big Bucks on Coin Metrics 🤑

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Because who doesn’t love a good shopping spree? 🛍️ Crypto trading infrastructure firm Talos just splurged on Coin Metrics, a market analytics platform, in a whopping deal worth $100 million. 💸

According to a press release that’s just bursting with excitement, Talos is buying the Boston-based crypto intelligence firm to become the ultimate one-stop shop for institutional clients. Because, you know, who needs competition when you can just buy it out? 😉

Fortune reports that the deal is valued at over $100 million, because apparently Talos is just swimming in cash like Scrooge McDuck. 🐥

Talos, which launched in 2020 because who needs experience when you have money, provides a whole bunch of crypto-related solutions for institutional clients, including liquidity sourcing, price discovery, trading, payment settlements, and portfolio management services. Yawn. 😴

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, because apparently that’s not already a cliché. 🙄

“We’re thrilled to welcome Coin Metrics to Talos, mainly because we can finally use their fancy analytics tools to make more money. 💸 By bringing our platforms together, we’re creating a fully integrated, one-stop solution that benefits the clients of both firms, and also makes us look really cool in front of our investors.” 😎

Last year, Talos purchased Skolem, a platform that allows institutional investors to directly participate in decentralized finance (DeFi) ecosystems, because who needs regulation when you have blockchain? 🤪

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, because apparently Talos is just trying to collect them all like Pokémon. 🎉

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2025-07-16 21:47