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Crypto media outlet Blockworks raises $12m for research and data analytics expansion

Blockworks, a crypto media outlet, has secured $12 million in a funding round led by private equity firm 10T Holdings, valuing the company at $135 million. The funds will be used to expand Blockworks Research, an investment platform that provides data, analytics, research, governance, and real-time news to financial institutions and crypto-native investors. Despite a difficult time for crypto-focused publications, including high-profile scandals and a bear market, Blockworks is doubling down on its efforts to provide better information to the industry. Framework Ventures and Santiago Santos also participated in the funding round.

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