Blockworks Closes Series A, at $192M valuation

The company is valued at $ 192 Million. More than 20 founders and operators from Blockworks’ customer network participated in the round, including leaders from major projects such as Solana, LayerZero, Pyth, EigenLayer, Kraken, Arbitrum, Polygon, and others.

The company plans to use the funds to grow its operations and continue developing its products.

Blockworks today runs on three products:

Data: One of the industry’s largest data platforms, processing trillions of rows across 100+ pipelines and nearly 100 data sources. It includes fully indexed blockchains and direct feeds from major exchanges, and is used by hundreds of companies and funds to power their workflows.

Investor Relations: At DAS this year, Blockworks launched Blockworks IR, a full-stack investor relations platform for on-chain businesses. It includes investor portals, analytics, reports, and tools for managing investor communications. Projects like Solana, BNB Chain, and Jito are already live, with more coming soon.

Disclosures: The Token Transparency Framework is becoming a standard for crypto reporting, with 30+ issuers currently rated and 200+ expected by year end. It has been presented to the SEC, and CFTC, with ongoing integrations across major exchanges, and is positioned to become a model for token disclosure standards.

The crypto industry has grown to a market value of trillions of dollars without the basic infrastructure found in other capital markets. Investors still rely on fragmented data, uneven disclosures and a lack of a standard way to communicate with token issuers.

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Blockworks is helping close this gap. Its three products—a data platform, an investor relations platform, and the Token Transparency Framework—help companies build investor trust and give investors better information to evaluate crypto assets.

Ben Forman, founder of ParaFi: “Crypto’s biggest remaining bottleneck is no longer technology or regulation. It’s the trust gap between issuers and investors. In our view, Blockworks has built one of the most comprehensive platforms in the market to help narrow that gap.”

"Our mission is to build trust in on-chain markets," said Jason Yanowitz, co-founder of Blockworks. "Every liquid asset class in history has required data you can rely on, a way for businesses to communicate with investors, and disclosures that hold issuers accountable. In traditional markets, that infrastructure is worth hundreds of billions of dollars. In crypto, almost none of it exists yet. That is what we have built."

About Blockworks

Founded in 2017 by Michael Ippolito and Jason Yanowitz, Blockworks is based in New York City and connects investors and businesses in on-chain capital markets. It helps companies build trust with investors while providing them with the data they need to evaluate crypto assets. Its products include an on-chain data platform, Blockworks Investor Relations, and the Token Transparency Framework.

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