Blockworks Acquires Messari to Consolidate Crypto Data Infrastructure

Blockworks Acquires Messari to Consolidate Crypto Data Infrastructure

Digital asset platform Blockworks has acquired crypto market intelligence firm Messari as part of a strategic push to consolidate the fragmented digital asset data sector.

The acquisition follows a recent Series A extension funding round at a US$192 million valuation raised by Blockworks specifically aimed at driving sector consolidation. The funding round was co-led by ParaFi and Reciprocal Ventures.

Messari provides data coverage for over 40,000 assets and operates an API that supplies data across markets, exchanges, protocols, token unlocks, and social sentiment.

This infrastructure is widely used by funds, exchanges, and developers to power algorithmic trading models, compliance workflows, and application development.

The transaction comes at a time when the digital asset market is maturing and undergoing increased institutionalisation and regulation.

As institutional capital moves onchain, market participants require standardised infrastructure for investor relations, compliance monitoring, asset underwriting, and regulatory reporting.

The combined entity aims to bridge the gap between asset issuers and underwriters.

Blockworks has previously focused on the issuer side through its Token Transparency Framework and institutional investor relations platform.

Messari has historically served underwriters, including funds, exchanges, and regulators, through its market intelligence tools and API data layer.

By combining proprietary data, issuer disclosures, onchain activity, and AI, the platform intends to establish a single system of record for onchain businesses.

This integrated infrastructure will provide automated workflows and data access for developers, financial institutions, and autonomous trading agents.

 

 

Featured image credit: Edited by Fintech News Switzerland, based on image by 21studio via Magnific

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