Blockworks has raised $12 million in a funding round led by private equity firm 10T Holdings at a $135 million post-money valuation. The capital will be used to help expand the outlet’s research and data analytics offering, Blockworks Research.
Blockworks Raises $12M at $135M Valuation
Blockworks, a media organization that focuses on cryptocurrency news, has secured $12 million in a funding round. The investment was led by 10T Holdings, a private equity firm, and has resulted in the company being valued at $135 million after the round. The funds will be utilized to extend the research and data analytics services provided by B. Research.
Quotes from announcement post:
For the past year, we’ve been building Blockworks Research, a powerful investment platform that brings together data, analytics, research, governance, and real-time news. Financial institutions and deeply crypto-native investors rely on Blockworks Research to make better decisions. This investment allows us to double-down on this effort to bring better information to the industry.
co-founders Jason Yanowitz and Michael Ippolito
About
BIockworks is a media and events company that focuses on blockchain, cryptocurrency, and digital assets. It was founded in 2018 by Jason Yanowitz and Michael Ippolito, who saw a need for high-quality and accessible information about the emerging blockchain industry.
They produces a range of content, including newsletters, podcasts, videos, and articles, that are designed to educate and inform individuals and institutions about the latest developments in blockchain technology and digital assets. Its media properties include The Block, a leading news and analysis website in the blockchain space, and The Pomp Podcast, which features interviews with industry leaders and experts.
To access more startup articles: cryptodataspace.com
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