TLDR:Blockworks acquired Messari for over $10M, merging crypto’s two largest data and analytics platforms.Messari covers 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 full system of record for onchain markets as institutions move onchain.Blockworks has acquired Messari in a deal worth more than $10 million, combining two of crypto’s largest data and analytics platforms. Both firms launched in 2018 and have since built distinct but complementary capabilities across research, market intelligence, and API infrastructure. The acquisition follows a recent Blockworks 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 system of record for onchain markets.1/ Blockworks has acquired Messari.We’re bringing together crypto’s two largest data and market intelligence platforms. pic.twitter.com/pw5f4I0oSU— Blockworks (@Blockworks) June 12, 2026Messari Brings Critical Data Infrastructure to the Combined EntityMessari has spent eight years building comprehensive coverage across more than 40,000 crypto assets. Its platform tracks assets, markets, exchanges, stablecoins, protocols, token unlocks, fundraising, and social sentiment. This data is already embedded in fund workflows, exchange listing processes, and developer applications across the industry.The Messari API is widely regarded as one of the most powerful in the sector. It allows funds, exchanges, and developers to pipe structured data directly into their own systems. As crypto trading increasingly moves toward automation, API quality becomes a core competitive factor.Yanowitz explained the reasoning behind the deal directly. “An agent is only as good as the data it can reach and the API it can call,” he wrote. “That is why Messari matters.” The statement captures how the acquisition is framed around infrastructure, not just market share.Messari also provides AI-compatible data infrastructure, making it accessible to agentic workflows. The firm’s tools have evolved beyond human users to serve machine-driven processes. This positions its data layer as essential for the next phase of market structure.Before the acquisition, Messari underwent internal leadership changes and workforce reductions. Those shifts created an opening 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 Institutional Onchain FinanceAs traditional financial assets move onchain, the infrastructure requirements are changing fast. Issuers of onchain assets need standardized disclosures, investor relations tools, and performance tracking. Blockworks has been developing exactly this through its Token Transparency Framework and full-stack IR platform.On the other side of the market, underwriters need reliable data to diligence and monitor assets. These include funds, exchanges, custodians, brokerages, regulators, and AI agents. Messari’s market intelligence and API coverage directly serve this group.Yanowitz and Ippolito outlined the combined mission in a joint statement. “Our mission is simple: Bring transparency and trust to onchain markets as institutions come onchain,” they wrote. “The acquisition of Messari accelerates this mission.” The statement reflects how both companies see the deal as a convergence of purpose.The combined entity plans to offer compliance workflows, ratings, and programmatic data access for AI agents. In legacy markets, building this kind of infrastructure required significant analyst headcount. In crypto, the underlying data is already digital, structured, and available in real time.Blockworks described the longer-term goal directly. “As stocks, bonds, currencies, and commodities move onchain, more of the market will run onchain,” Yanowitz wrote. “Everything runs on Blockworks.” The Messari acquisition moves that vision from concept to execution.The post Blockworks Acquires Messari for $10M to Build Crypto’s Unified Data and Intelligence Platform appeared first on Blockonomi.