Blockworks acquires Messari

Blockworks has acquired Messari.

A few weeks ago, we raised a Series A extension with the goal of consolidating crypto’s fragmented data and information sector.

This is the first major step.

Why Messari

For eight years, Messari has brought transparency, market intelligence, and full data coverage to every crypto asset, building the most comprehensive dataset in the industry.

Messari has data coverage for over 40,000 assets as well as the most powerful API in crypto. Their API includes data for assets, markets, exchanges, news, research, stablecoins, protocols, networks, token unlocks, fundraising, social sentiment, event monitoring, watchlists, and more.

Today, this data flows directly into models, workflows, and products across the industry. Funds pipe the data into their own systems. Exchanges leverage the data for their listing and monitoring processes. Developers build applications with it. Agents run on top of it.

And of course, an agent is only as good as the data it can reach and the API it can call. That is why Messari matters.

Messari has become critical infrastructure and the core data substrate every serious market participant builds on.

As institutions come onchain

Crypto is at an inflection point.

The asset class is maturing, institutionalizing, and becoming more regulated. As it does, onchain markets need the same machinery every mature market relies on.

Issuers need investor relations and standardized disclosures. Investors need data to diligence and underwrite. Exchanges need a way to provide more information to investors and report back to regulators. Regulators need to monitor assets. And as trading itself goes agentic, all of it needs to be accessible through an API that AI, not just people, can act on.

This is the infrastructure Blockworks can now provide: standardized disclosures, investor relations, tracking and monitoring, compliance, ratings, and programmatic access for the agents that will increasingly run this market.

The bigger bet is what comes next. As stocks, bonds, currencies, and commodities move onchain, more of the market will run onchain. From agentic trading to stablecoins to prediction markets and beyond, the goal is simple: Everything runs on Blockworks.

What we’re building

We have two key customers:

1. Issuers of onchain assets
2. Underwriters of those onchain assets

Asset issuers: These are the protocols, chains, foundations, applications, stablecoin and RWA issuers, prediction markets, and onchain businesses that need to earn trust, disclose information, explain performance, and manage investors.

Asset underwriters: On the other side are the investors, regulators, and platforms that analyze, review, and list those assets. These are funds, policymakers, exchanges, custodians, fintechs, brokerages, and increasingly, AI agents.

Blockworks has been building for the issuer side: standardized disclosures through the Token Transparency Framework, the first full-stack IR platform for onchain assets, trusted research, institutional relationships, and scaled distribution.

Messari has been building for the underwriters through their market intelligence, data coverage, APIs, and AI tools.

Together, we can build the single system of record for all onchain assets.

Investors, exchanges, brokerages, regulators, fintechs, platforms and AI agents consume this data through research, dashboards, APIs, diligence tools, monitoring systems, ratings and automated workflows.

The more issuers that join the platform, the more valuable the data layer becomes. And the more investors, platforms, regulators, and AI agents that consume the information, the more valuable it becomes for issuers to publish data through Blockworks.

For our customers, this means deeper data, better APIs, stronger disclosures, more complete investor relations tooling, better monitoring and compliance workflows, and more useful ratings and research.

Accelerate with AI

AI will drastically accelerate our vision to build better capital markets.

In legacy markets, ratings, research, diligence, IR and data businesses required enormous analyst headcount. In crypto, the raw material is already digital, structured and real-time.

The winning platform will combine proprietary data, issuer-provided disclosures, onchain activity, market intelligence and AI to make the market easier to understand and easier to operate.

That is what Blockworks and Messari can now build together.

A system of record for onchain businesses. A trusted data layer for investors and platforms. An API layer for developers and AI agents. A workflow layer for issuers, exchanges, brokerages, asset managers and regulators. And a distribution layer that connects the companies issuing assets with the market participants underwriting them.

Our mission is simple: Bring transparency and trust to onchain markets as institutions come onchain. The acquisition of Messari accelerates this mission.

Onwards,

Jason and Michael