Blockworks buys Messari in push to build onchain market data layer
Blockworks has acquired Messari, marking the corporate’s first main transfer after elevating new funding to consolidate crypto’s fragmented information and knowledge sector.
The deal brings collectively two of the perfect identified names in crypto analysis and market intelligence. Blockworks has been increasing from media and occasions into information, investor relations, disclosures, and institutional instruments, whereas Messari has constructed one of many trade’s broadest information platforms for crypto belongings.
Messari supplies protection for greater than 40,000 belongings, together with information on markets, exchanges, protocols, stablecoins, token unlocks, fundraising, analysis, information, social sentiment, and occasion monitoring. Its API is utilized by funds, exchanges, builders, and more and more AI pushed workflows.
Blockworks mentioned the acquisition will assist create a single system of report for onchain belongings as crypto turns into extra institutionalized and extra regulated.
The corporate plans to serve two sides of the market: issuers of onchain belongings and the traders, exchanges, regulators, platforms, and AI brokers that underwrite or monitor them.
For issuers, meaning instruments for standardized disclosures, investor relations, rankings, analysis, and market communication. For underwriters, it means deeper information, APIs, diligence instruments, monitoring methods, and automatic workflows.
The deal additionally displays a broader shift in crypto infrastructure. As stablecoins, tokenized belongings, prediction markets, and onchain finance mature, corporations are racing to construct the info rails that establishments and AI brokers might want to consider belongings and act on them.
Blockworks mentioned Messari’s information layer will change into a core a part of that technique, combining proprietary information, issuer disclosures, onchain exercise, market intelligence, and AI.
The acquisition follows Blockworks’ current Collection A extension at a $192 million valuation. The corporate mentioned on the time that it deliberate to make use of the funding to speed up its push into crypto information and institutional software program.
