Blockworks completes Series A extension funding at $192 million valuation, betting on the integration of crypto data and information infrastructure

Blockworks has announced the completion of its Series A extension funding round at a post-money valuation of $192 million. The round was co-led by ParaFi Capital and Reciprocal Ventures, with participation from Coinbase Ventures, MoonPay Ventures, and other institutions and industry participants. The funding also attracted investment from over 20 founders and operators of ecosystem projects, including Solana, LayerZero, Arbitrum, and Kraken. The specific amount raised has not yet been disclosed.

The company stated that the crypto market has grown to a trillion-dollar scale without the infrastructure typical of traditional capital markets, but still faces issues such as fragmented data, inconsistent disclosures, and a lack of investor communication mechanisms. Blockworks aims to fill this gap through a tripartite architecture of "data + disclosure + investor relations." (CNBC)