Blockworks secured a $192 million post-money valuation as it shifts from crypto news toward data infrastructure, reflecting investor interest in larger, later-stage digital asset companies.
Blockworks completed a Series A extension financing round at a $192 million post-money valuation as it pivots from a crypto news business toward data infrastructure and research. The company said the round was co-led by ParaFi Capital and Reciprocal Ventures, with participation from Coinbase Ventures, Advancit Capital, MoonPay, and more than 20 founders and operators tied to Solana, LayerZero, Pyth, EigenLayer, Kraken, Arbitrum, and Polygon. The new report adds that the financing comes amid a venture capital shift toward bigger, late-stage crypto deals, while the amount raised was not disclosed in the source content.