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#Hot Topic Analysis🔥🔥🔥
Blockworks Acquires Messari for Over $10 Million, Crypto Data Sector Enters a Period of Reshuffling
On June 13th, crypto data service provider Blockworks acquired competitor Messari for over $10 million. Notably, Messari was valued at approximately $300 million in 2022, and this transaction price represents a significant drop, indicating that the current crypto industry's financing environment and company valuations are undergoing profound adjustments.🌈🌈🌈
This acquisition signifies an accelerated consolidation within the crypto data and research sector. On one hand, Blockworks gains access to Messari's years of accumulated research capabilities, data resources, and user base, further enhancing its market competitiveness. On the other hand, the sale of Messari at a price far below its historical valuation reflects the increasing difficulty for some crypto startups to develop independently under the pressure of a bear market, tightened financing, and profitability challenges.🚨🚨🚨
Public information shows that Blockworks was founded in 2018, initially focusing on media and industry events, and subsequently expanding into news, research, and data services. In October 2025, the company closed its news department to focus its resources on data, investor relations, and compliance services, and recently secured a valuation of approximately $192 million during its extended funding round. Messari, also founded in 2018, has long focused on crypto asset research, data analysis, and industry reporting, and is considered one of the most influential research institutions in the industry. This transaction may signal a new phase in the crypto data industry where "the strong consolidate the weak."🔔🔔🔔
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