Blockworks Acquires Messari in Push for Onchain Data Layer

Blockworks acquired Messari after raising new funding, combining crypto data, research, APIs, and AI workflows for onchain markets.

The deal brings together two large crypto research and market intelligence names. Blockworks has been expanding from media and events into data and institutional tools. Messari built one of the broadest data platforms for crypto assets, covering more than 40,000 assets, including data on markets, exchanges, protocols, stablecoins, token unlocks, fundraising, research, news, and event monitoring. Its API is used by funds, exchanges, developers, and increasingly AI-driven workflows.

Blockworks said the acquisition will create a single system of record for onchain assets. Crypto is becoming more institutionalized and regulated, and the company plans to serve two sides of the market: issuers of onchain assets and the investors, exchanges, regulators, platforms, and AI agents that evaluate or monitor them.

For issuers, that means tools for standardized disclosures, investor relations, ratings, research, and market communication. For underwriters, it means deeper data, APIs, diligence tools, monitoring systems, and automated workflows.

Blockworks said Messari's data layer will become a core part of that strategy, combining proprietary data, issuer disclosures, onchain activity, market intelligence, and AI. The acquisition follows Blockworks' Series A extension at a $192 million valuation. The company said at the time that it planned to use the funding to accelerate its push into crypto data and institutional software.