Blockworks Just Acquired Messari — Here's What Crypto's Biggest Data Merger Means for the Industry
61d ago · 1 source
Blockworks, a major crypto media and data company, has acquired rival firm Messari in a move that consolidates two of the industry's most prominent research and data platforms. The deal reportedly values Messari at a fraction of its 2022 valuation, reflecting the broader downturn in crypto company valuations since the last bull market peak.
WHY IT MATTERS
Think of this like Bloomberg buying a rival financial data company. In crypto, companies like Messari and Blockworks provide the research, charts, and data that investors use to make decisions — similar to how stock investors use tools like Yahoo Finance or Morningstar. When two big players like this merge, it means fewer independent sources of information, but potentially a more powerful combined product. The fact that Messari sold for much less than it was worth a few years ago shows that even well-known crypto companies have struggled during the market downturn — just like crypto prices themselves, company valuations can swing wildly.
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Educational only — not financial advice.