Blockworks buys Messari in push to build onchain market data layer

Blockworks has acquired Messari, marking the company’s first major move after raising new funding to consolidate crypto’s fragmented data and information sector.
The deal brings together two of the best known names in crypto research and market intelligence. Blockworks has been expanding from media and events into data, investor relations, disclosures, and institutional tools, while Messari has built one of the industry’s broadest data platforms for crypto assets.
Messari provides coverage for more than 40,000 assets, including data on markets, exchanges, protocols, stablecoins, token unlocks, fundraising, research, news, social sentiment, and event monitoring. Its API is used by funds, exchanges, developers, and increasingly AI driven workflows.
Blockworks said the acquisition will help create a single system of record for onchain assets as crypto becomes more institutionalized and more regulated.
The company plans to serve two sides of the market: issuers of onchain assets and the investors, exchanges, regulators, platforms, and AI agents that underwrite 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.
The deal also reflects a broader shift in crypto infrastructure. As stablecoins, tokenized assets, prediction markets, and onchain finance mature, companies are racing to build the data rails that institutions and AI agents will need to evaluate assets and act on them.
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’ recent 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.
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