Blockworks announced the acquisition of Messari, bringing together two of the largest information and data businesses in the crypto industry. The transaction marks the first major acquisition since Blockworks completed a Series A extension at a $192 million valuation, with the company using the capital in part to consolidate the fragmented crypto data market.
Founded in 2018, Blockworks has focused on serving issuers through products including the Token Transparency Framework, investor relations infrastructure, institutional distribution, and research capabilities. Messari, founded eight years ago, built one of the industry’s largest crypto data platforms with coverage of more than 40,000 assets and APIs spanning markets, exchanges, research, stablecoins, protocols, token unlocks, fundraising activity, social sentiment, and event monitoring.
The combined company aims to create a two-sided platform connecting issuers and investors across on-chain capital markets. Messari’s products are used by funds, exchanges, custodians, fintech companies, brokerages, regulators, developers, and AI tools, while Blockworks provides disclosure infrastructure and investor relations capabilities for digital asset issuers.
The acquisition reflects a broader vision that crypto’s information layer will consolidate, much like traditional financial markets, where firms such as Bloomberg, FactSet, Moody’s, and S&P Global have become dominant providers of market intelligence and workflow solutions.
Blockworks said that artificial intelligence agents are expected to become major consumers of structured market data, increasing the importance of trusted, real-time information and AI-native workflows. The combined platform plans to expand data coverage, strengthen APIs, improve investor relations tools, enhance monitoring and compliance capabilities, and deliver more robust research and ratings.
Messari customers will continue to have access to the company’s existing products and coverage, which will now be supported by a broader platform.
Blockworks is headquartered in New York City and employs nearly 100 people across more than a dozen countries. Messari provides market intelligence and data products used by funds, exchanges, developers, product teams, and AI agents.
KEY QUOTES:
“This acquisition connects the two sides of the market. Issuers maintain a trusted record of their business, and investors, exchanges, regulators, and investors consume that record through research, APIs, and automated workflows. More issuers make the data more valuable. More investors make publishing through Blockworks more important. Together, we close the loop.”
Jason Yanowitz, Co-Founder, Blockworks
“AI makes this opportunity larger, not smaller. In legacy markets, ratings, research, and diligence required enormous analyst headcount. In crypto, the raw material is already digital, structured, and real-time. As markets move onchain, the winning platform will combine trusted data, issuer-provided disclosures, onchain activity, market intelligence, and AI-native workflows.”
Jason Yanowitz, Co-Founder, Blockworks
“Messari and Blockworks have both spent years focused on bringing more transparency, trust, and structure to crypto markets. Coming together allows us to pursue that shared vision more efficiently and build a stronger platform for the customers, investors, and institutions moving onchain.”
Diran Li, CEO, Messari
