Tldr:
- Blockworks has acquired Messari for more than $10 million, combining the two largest data and analytics platforms in the cryptocurrency space.
- Messari covers over 40,000 crypto assets and operates one of the most powerful APIs in the industry.
- The deal targets both onchain asset issuers and institutional underwriters with a unified data layer.
- Blockworks aims to build a complete system of record for on-chain markets as institutions move on-chain.
Block works acquired Messari in a deal worth more than $10 million, combining two of the largest data and analytics platforms in the cryptocurrency space.
Both companies launched in 2018, and have since built distinct but complementary capabilities across research, market intelligence, and API infrastructure.
The acquisition comes on the heels of Blockworks’ recent Series A extension, which valued the company at $192 million. Co-founders Jason Yanowitz and Michael Ippolito described the move as a step toward creating a trusted scoring system for blockchain markets.
Masari brings critical data infrastructure to the combined entity
Facilitator He spent eight years building comprehensive coverage of over 40,000 crypto assets. Its platform tracks assets, markets, exchanges, stablecoins, protocols, token unlocking, fundraising, and social sentiment.
This data is already embedded in fund workflows, stock exchange listing processes and developer applications across the industry.
The Messari API is widely considered one of the most powerful APIs in the sector. It allows funds, exchanges, and developers to move structured data directly into their own systems. As cryptocurrency trading increasingly moves towards automation, API quality has become a key competitive factor.
Yanovich explained the reasons behind the deal directly. “An agent is only as good as the data it has access to and the API it can connect to,” he wrote. “This is why Masari is so important.” The statement explains how the acquisition will be framed around infrastructure, not just market share.
It also provides tracks AI-compatible data infrastructure, Making it accessible to agent workflows. The company’s tools have evolved beyond human users to serve machine-driven processes. This positions its data layer as essential for the next stage of market structure.
Prior to the acquisition, Masari underwent internal leadership changes and workforce reductions. These shifts have created an opportunity for consolidation within the fragmented crypto data sector. Blockworks moved quickly after closing its Series A extension to pursue this deal.
Blockworks and Messari target Onchain institutional finance
As traditional financial assets move on-chain, infrastructure requirements are changing rapidly. Onchain asset issuers need standardized disclosures, investor relations tools, and performance tracking.
Blockworks has developed exactly this with its Token Transparency Framework and full IR platform.
On the other side of the market, underwriters need reliable data for diligence and asset monitoring. These include funds, exchanges, custodians, brokerage firms, regulators, and Artificial intelligence agents. Messari’s market intelligence and API coverage directly serves this group.
Yanowitz and Ippolito outlined the joint mission in a joint statement. “Our mission is simple: bring transparency and trust to blockchain markets as institutions join the chain,” they wrote.
“The acquisition of Masari accelerates this mission.” The statement reflects how the two companies view the deal as a convergence of purpose.
The combined entity plans to offer compliance workflows, assessments and automated data access Artificial intelligence agents. In older markets, building this type of infrastructure requires a large number of analysts. In cryptocurrencies, the underlying data is already digital, structured, and available in real time.
Blockworks described the long-term goal directly. “As stocks, bonds, currencies, and commodities move across the chain, more of the market will move across the chain,” Yanowitz wrote.
“Everything runs on Blockworks.” The acquisition of Masari takes that vision from concept to implementation.
