Talos, the provider of institutional trading and portfolio technology for digital assets, announced that it will acquire Coin Metrics, the provider of crypto financial intelligence.
By incorporating Coin Metrics’ crypto market data, blockchain analytics and benchmark indexes with Talos’s platform – a unified order and execution management (OEMS) and portfolio management system (PMS) – the combination will create an integrated data and investment management platform.
This acquisition aligns with Talos’s strategy of building a “one-stop solution for all institutional trading workflows in digital assets.”
Anton Katz, CEO and Co-Founder of Talos:
“By bringing our platforms together, we’re creating a fully integrated, one-stop solution … 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.”
Data is a crucial component within trading and portfolio management workflows.
The firms’ services will aim to create synergies for their collective clients, including streamlined access to portfolio analytics, risk monitoring, premium indexes and execution capabilities.
Tim Rice, CEO and Co-Founder of Coin Metrics:
“Both companies believe in a future where digital assets are pervasive, requiring infrastructure to support trading, investment, and risk management.”
Coin Metrics, headquartered in Boston, is poised to benefit from Talos’s global reach with offices in New York, London, Cyprus, and Singapore serving clients across 32 countries.
In recent years, Talos has acquired various digital asset firms to expand its institutional platform.
Talos enhanced its portfolio management system with capabilities from the acquisition of Cloudwall, a risk management technology provider, Skolem, an infrastructure platform for institutional DeFi trading, and D3X Systems, a portfolio construction platform for systematic investment in digital assets.
As covered, Talos provides technology that supports the complete digital asset investment lifecycle, including “liquidity sourcing, price discovery, trading, settlement and portfolio management.”
Created by a team with experience building trading and portfolio systems, the Talos platform connects institutions to various providers in the digital asset sector– exchanges, OTC desks, prime brokers, lenders, custodians, and more – via a single interface.
As reported, Coin Metrics is the provider of crypto financial intelligence, offering network data, market data, indexes as well as network risk solutions to various institutions dealing with crypto-assets.
Established in 2017, Coin Metrics is committed to building the crypto economy by providing “accurate data with the highest standards of clarity and precision.”
