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

Odaily Odaily reports that Blockworks has announced the completion of its Series A extension round, with 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 several other institutions and industry players. The funding round also attracted over 20 founders and operators from ecosystem projects including Solana, LayerZero, Arbitrum, and Kraken as investors. The specific amount raised has not been disclosed.

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