Blockworks Acquires Messari for $10M in Crypto Data Consolidation Deal

Blockworks bought rival crypto data platform Messari for just over $10 million, a steep discount from Messari's $300 million valuation in 2022, highlighting consolidation pressure in the crypto information sector.

• Blockworks paid more than $10 million for Messari, down from a $300 million valuation in 2022.
• The deal combines two major crypto data platforms: Messari's asset coverage (40,000+ assets) and Blockworks' issuer-side tools.
• Blockworks raised a Series A extension at a $192 million valuation, co-led by ParaFi and Reciprocal Ventures, to fund the acquisition.
• Messari CEO Diran Li will join Blockworks as a senior leader after co-founder Ryan Selkis departed in 2024.
• Crypto M&A activity remains elevated with 144 deals totaling $11.8 billion so far in 2026.

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Last updated 14 Jun 2026