Blockworks is a leading financial media and information platform that sits at the center of the crypto industry, transforming complex data into actionable research, alpha-driven insights, and world-class events. Through its three core pillars—media, research, and events—the platform empowers investors and institutions to see past the market noise and make informed decisions in the evolving digital asset landscape.
Blockworks has announced the completion of a Series A extension funding round, achieving a post-money valuation of $192 million. The round was co-led by ParaFi Capital and Reciprocal Ventures, with support from Coinbase Ventures, MoonPay Ventures, and several other institutions and industry participants. The funding also attracted investments from over 20 founders and operators of ecosystem projects including Solana, LayerZero, Arbitrum, and Kraken, though the specific amount raised has not been disclosed.The company stated that while the crypto market has grown to a trillion-dollar scale lacking traditional capital market infrastructure, it still faces issues such as fragmented data, inconsistent disclosure standards, and a lack of investor communication mechanisms. Blockworks aims to fill this gap through a "data + disclosure + investor relations" tripartite architecture. (CNBC)
Odaily News: Blockworks data shows that demand for Pre-IPO stock tokens is climbing. The total market capitalization of Pre-IPO stock tokens on the PreStocks platform has exceeded $17 million, growing more than fivefold in less than a year. Trading volume has also surged significantly during the same period, with the most recent week's volume surpassing $95 million, setting new highs for five consecutive weeks.