Blockworks completes Series A extension funding at a $192 million valuation, betting on integration of crypto data and information infrastructure
Odaily reported that Blockworks has announced the completion of an extended Series A funding round, bringing its post-money valuation to $192 million. The round was co-led by ParaFi Capital and Reciprocal Ventures, with support from an exchange, MoonPay Ventures, and several other institutions and industry participants. This funding round also attracted over 20 founders and operators from Solana, LayerZero, Arbitrum, and other ecosystem projects, as well as from an exchange. The specific amount raised has not yet been disclosed.
The company stated that the crypto market has grown to a trillion-dollar scale despite lacking the underlying infrastructure of traditional capital markets, but issues such as fragmented data, inconsistent disclosures, and the absence of robust investor communication mechanisms remain. Blockworks aims to fill this gap through an integrated approach of “data + disclosure + investor relations.” (CNBC)
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