Blockworks has acquired crypto data and research firm Messari, deepening its push into institutional-grade data infrastructure. The deal combines two of the largest crypto information businesses and represents Blockworks' first major move since a Series A extension valued it at $192 million.
Messari brings coverage of over 40,000 crypto assets, including markets, exchanges, stablecoins, protocols, token unlocks, fundraising, research, social sentiment, and event monitoring. Its API is widely used by funds, exchanges, developers, and institutions.
Blockworks, which recently shuttered its news division to focus on data and intelligence, plans to connect issuers with investors, exchanges, and regulators through a unified disclosure system. Co-founder Jason Yanowitz said the combined platform will provide standardized disclosures, ratings, investor relations tools, market data, monitoring, compliance, and diligence infrastructure.
The company draws comparisons to established data giants like S&P Global, Moody's, and Bloomberg, arguing crypto lacks comparable infrastructure. Blockworks also cited AI as a driver, noting that digital assets already generate structured, real-time data suitable for automated systems. Messari CEO Diran Li said the merger would allow both firms to pursue shared transparency goals more efficiently.
