Blockworks acquired Messari after securing a $192 million valuation earlier this year, deepening its push into crypto data infrastructure as competition to build the industry’s information layer intensifies.
Summary
- Blockworks acquired Messari following its recent valuation of $192 million.
- The agreement combines crypto asset disclosures, market data, research and API services into a single platform.
- Blockworks says AI and institutional adoption are increasing demand for crypto information infrastructure.
According to a advertisement From Blockworks, the deal combines two of the largest crypto businesses and represents the company’s first major acquisition since completing a Series A extension funding round that valued it at $192 million.
Messari brings coverage of more than 40,000 cryptoassets to the transaction. The company has spent eight years creating data products covering markets, exchanges, stablecoins, protocols, token unlocking, fundraising activities, research, social sentiment, event monitoring, and other market segments. Blockworks said the Messari API has become widely used by funds, exchanges, developers and other institutional participants.
Earlier this year, crypto.news reported that Blockworks had raised fresh capital as it repositioned itself from a media-focused company to an institutional-grade data and intelligence services provider. The company closed its main news division in October 2025 and redirected resources to Blockworks Intelligence and its proprietary data platform.
The agreement links issuers with institutional users
In addition to the acquisition, Blockworks outlined plans to connect crypto asset issuers with investors, exchanges, regulators, platforms and other market participants through a unified data and disclosure system.
Blockworks said its existing products focus on the issuing side of the market through tools such as the Token Transparency Framework, investor relations services, research products and institutional distribution. Meanwhile, Messari has created products used by funds, custodians, brokerages, fintech companies, regulators, exchanges and developers seeking market intelligence and data access.
Commenting on the transaction, Blockworks co-founder Jason Yanowitz said the acquisition connects issuers and investors through a shared information network.
“Issuers maintain a trusted record of their business, and investors, exchanges, regulators and investors consume that record through research, APIs and automated workflows.”
As described by the company, the combined platform aims to provide standardized disclosures, ratings, research, investor relations tools, market data, monitoring systems, compliance workflows and diligence infrastructure for participants operating in the on-chain capital markets.
AI demand becomes part of the investment thesis
Beyond combining products, Blockworks tied the acquisition to its view that the crypto information sector will consolidate around a smaller group of dominant data providers.
Drawing comparisons with established financial information companies such as S&P Global, Moody’s, FactSet and Bloomberg, Blockworks argued that cryptocurrencies still lack the disclosure infrastructure, ratings, benchmarks and workflow that support traditional capital markets.
Yanowitz also said that artificial intelligence could increase the crypto market’s demand for data rather than reduce it. According to the executive, digital assets already generate structured, real-time information that can be directly consumed by automated systems, creating opportunities for platforms that combine issuer disclosures, market intelligence, on-chain activity and AI-focused workflows.
Messari CEO Diran Li said both companies have spent years working to improve transparency and structure in the crypto markets.
“Coming together allows us to pursue that shared vision more efficiently and build a stronger platform for customers, investors and institutions moving up the chain.”
For existing customers, Blockworks said Messari’s products and data coverage will continue to work after the acquisition. Product development will focus on expanding data coverage, strengthening APIs, improving investor relations software, improving monitoring and compliance tools, and offering more research and rating capabilities across the combined platform.
