Digital Asset Trading Technology company Taslos Will Coin Metrics for more than $ 100 million: Sources

Tatos, a provider of institutional trading technology for digital assets, is expected to take over the crypto data company Coin Metrics in a volume of over $ 100 million, according to a person familiar with the matter.

The takeover will combine the execution and portfolio management infrastructure of Taslos with the blockchain analytics, market data and index products from Coin Metrics and, according to the company, create the first fully integrated data and investment management platform for digital assets in the industry, Talos said in a press release on Wednesday.

The step marks the largest acquisition in the history of Taslos. The company has actively expanded its skills through mergers and takeovers, including earlier acquisitions from Cloudwall, Skolem and D3X Systems.

The acquisition signals further consolidation in the area of digital asset infrastructure, since platforms strive to differentiate themselves by providing end-to-end solutions for traditional financial players who enter the cryptom market.

Taslos and Coin Metrics have a strong institutional customer base, and integration is expected to optimize data -controlled work processes from advanced portfolio analyzes and risk reviews to execution and performance evaluation.

“By merging our platforms, we create a completely integrated complete solution that benefits from the customers of both companies,” said Anton Katz, CEO and co -founder of Taslos, in the press release.

“Institutions are increasingly turning to us to support the entire life cycle of investments in digital assets-from trade and portfolio management to market data, on-chain analyzes and portfolio structure. The combination of our teams and technologies creates a uniquely powerful platform that significantly strengthens our offer for our customers,” added Katz. “

With its headquarters in New York, Talos works in 32 countries and maintains branches in London, Cyprus and Singapore.

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