Crypto data and media company Blockworks has acquired analytics firm Messari for more than $10 million, according to a Wall Street Journal report.
Messari is a crypto research and analytics company backed by investors including Brevan Howard Digital and Point72 Ventures. The company raised $35 million in a Series B funding round in 2022 that valued it at around $300 million.
According to The Wall Street Journal, the steep discount reflects both Messari’s recent struggles and broader weakness across the crypto sector.
Earlier this year, Messari replaced CEO Eric Turner with Diran Li and reduced headcount as part of a broader shift toward artificial intelligence. In a LinkedIn post announcing the change, Li said the company had “parted ways with many teammates” while transitioning to an “AI-first company.”
In a blog post announcing the acquisition, Blockworks said Messari provides data coverage for more than 40,000 digital assets and operates an API used by investors, exchanges and developers. The company said the combined business would expand its market data, research, compliance and investor-relations offerings.
Messari has been acquired by Blockworks.
This brings together the two largest crypto data and market intelligence platforms to build the trusted information infrastructure onchain markets need as they mature.
— Messari (@MessariCrypto) June 12, 2026
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