Blockworks has secured a Series A extension, achieving a $192 million valuation as it moves beyond media to construct market infrastructure for crypto data, investor relations, and token disclosures. The funding round was co-led by ParaFi and Reciprocal Ventures, with participation from significant players including Coinbase Ventures and MoonPay Ventures. Numerous founders and operators from the crypto space also invested personally.
The company's valuation has climbed from $135 million in May 2023 to its current $192 million, reflecting its strategic pivot from a crypto media brand to a comprehensive data and information platform for onchain markets.
Blockworks currently operates three core products. Its data platform analyzes vast amounts of data from blockchains and exchanges, serving hundreds of companies and funds for market workflows. The Blockworks IR platform offers a full-stack investor relations solution for onchain businesses, including branded portals and curated analytics, with Solana, BNB Chain, and Jito already utilizing it. The third product, the Token Transparency Framework, established in 2025, aims to standardize crypto disclosures for issuers, with plans to scale to over 200 issuers by year-end and active integration talks with major exchanges and presentations to the SEC and CFTC.
The company presents its platform as a crucial trust layer for crypto capital markets, addressing the fragmented data, inconsistent disclosures, and communication gaps faced by investors in the multitrillion-dollar asset class. Industry leaders highlight Blockworks' role in narrowing this trust gap between issuers and investors in onchain markets.