Blockworks acquires Messari in $10M crypto data deal
6.7 Investments Blockworks acquired Messari for over $10 million, far below Messari’s previous $300 million valuation. The merger aims to unify crypto data and analytics for onchain assets.
Blockworks has acquired Messari for over $10 million, a notable decrease from Messari’s $300 million valuation during its 2022 Series B round. This deal brings together two leading crypto data and market intelligence platforms, aiming to streamline the fragmented digital asset information landscape. Blockworks, originally a media and events company, has expanded into data, investor relations, and regulatory compliance solutions. The company plans to integrate its disclosure and investor relations infrastructure with Messari’s robust data and analytics offerings. The goal is to establish a unified system of record for onchain assets, serving issuers, investors, exchanges, regulators, and AI-driven applications. This acquisition highlights the ongoing consolidation in the crypto industry and reflects the valuation reset and operational challenges faced by crypto data providers in a changing market.
