Blockworks Raises $12M, Valued at $135M After Funding Led by 10T Holdings
Blockworks, a media and information brand focused on the crypto industry, has raised $12 million in a funding round led by 10T Holdings, with Framework Ventures and Santiago Santos also participating. This funding round valued Blockworks at $135 million.
Blockworks has been a trusted source of news and analysis on the crypto industry for over five years, helping to shape and drive forward many of the industry’s most important conversations. The company has also launched Blockworks Research, an investment platform that brings together data, analytics, research, governance, and real-time news to help investors make better decisions.
The funding will allow Blockworks to deepen its ability to provide more powerful information to its audience and expand its vision. The company’s goal is to solve the challenge of fragmented research, data, and analytics in the crypto industry. Blockworks plans to evolve from a media brand to a full-scale information platform, offering unbiased, quality content alongside deep analytics, thoughtful research, valuation frameworks, and governance.
Blockworks’ co-founders, Jason Yanowitz and Mike Ippolito, said in a statement, “The future has never looked brighter for crypto than it does today. We’re thrilled to take this next step in our journey and grow our team, invest in new technology, expand internationally, and bring you even more high-quality content that will help you navigate the ever-changing world of crypto.”
With this funding, Blockworks will be able to grow its team and invest in new technology to better serve its community. The crypto industry is still in its early days, and Blockworks is poised to play a key role in shaping its future.
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