Blockworks Acquires Messari in $10 Million Crypto Data Deal

Blockworks, a leading cryptocurrency data and analytics provider, has acquired Messari for over $10 million, merging two major platforms known for their comprehensive market intelligence and on-chain data capabilities. The deal underscores the growing institutional demand for reliable crypto infrastructure.

Founded in 2018, both firms bring distinct strengths—Blockworks in institutional research and media, Messari in granular on-chain data. The combined entity aims to create a unified system for tracking on-chain markets, leveraging Messari's data depth and Blockworks' institutional reach.

The acquisition follows Blockworks' recent Series A extension, valuing the company at $192 million. As institutional participation in crypto accelerates, robust data tools are becoming critical for navigating the market's complexity.