Blockworks Acquires Crypto Analytics Firm Messari for Over $10 Million
By
@cointelegraph
Baker's choice. Dense with flavour, light on filler.
Summary
Blockworks has acquired crypto analytics firm Messari for more than $10 million, a steep discount from Messari's $300 million valuation during its Series B funding round in 2022. The deal, reported by The Wall Street Journal, reflects both Messari's recent struggles and broader weakness across the crypto sector. The acquisition signals accelerating consolidation among crypto data and research providers.
Key quotes
· 1 pulledAccording to The Wall Street Journal, the steep discount reflects both Messari's recent struggles and broader weakness across the crypto sector.
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