Blockworks Acquires Messari for $10M to Build Crypto's Unified Data and Intelligence Platform

Blockworks has acquired Messari for more than $10 million.

The deal combines two firms that each started in 2018 and built overlapping but distinct capabilities in crypto data, research, and API infrastructure. Both have become part of the plumbing for funds, exchanges, and developers.

Blockworks closed a Series A extension that valued the company at $192 million before the acquisition. Co-founders Jason Yanowitz and Michael Ippolito said the goal is to create a single trusted system of record for onchain markets.

Messari tracks more than 40,000 crypto assets across markets, exchanges, stablecoins, protocols, token unlocks, fundraising, and social sentiment. Its API feeds structured data into fund workflows, exchange listing processes, and developer applications. As automated trading and AI agents grow, API quality becomes a differentiator.

Yanowitz explained the reasoning directly. “An agent is only as good as the data it can reach and the API it can call,” he said. “That is why Messari matters.”

Before the deal, Messari went through leadership changes and workforce reductions. That opened the door for consolidation in a fragmented crypto data sector. Blockworks moved quickly after its own funding round.

The combined company plans to offer compliance workflows, ratings, and programmatic data access for AI agents. In traditional markets, building that infrastructure requires large analyst teams. In crypto, the underlying data is already digital, structured, and real-time.

Blockworks has been developing its Token Transparency Framework and full-stack investor relations platform. Those tools are designed for issuers of onchain assets who need standardised disclosures and performance tracking. On the other side, underwriters – funds, exchanges, custodians, brokerages, regulators, and AI agents – need reliable data to diligence and monitor assets. Messari’s market intelligence and API coverage fits that demand.

Yanowitz and Ippolito laid out the combined mission in a joint statement. “Our mission is simple: Bring transparency and trust to onchain markets as institutions come onchain,” they said. “The acquisition of Messari accelerates this mission.”

Yanowitz added a longer-term vision. “As stocks, bonds, currencies, and commodities move onchain, more of the market will run onchain,” he wrote. “Everything runs on Blockworks.”