Blockworks secures $192M valuation as it pushes beyond media into market infrastructure
Crypto Briefing
Blockworks reached a $192 million valuation as it pivots from a crypto media brand to a comprehensive data and market infrastructure platform.Summary
Blockworks has successfully closed a Series A extension, achieving a $192 million valuation, up from $135 million in 2023. Led by ParaFi and Reciprocal Ventures, the funding supports the company's strategic expansion from a crypto media entity into a broader data and infrastructure provider for onchain markets. Key initiatives include a robust data platform, the "Blockworks IR" investor relations tool, and the "Token Transparency Framework," which aims to standardize crypto disclosures and bridge the trust gap between token issuers and investors.
(Source：Crypto Briefing)