On April 29, crypto media and data platform Blockworks announced the completion of its Series A extension financing at a valuation of $192 million, with the round led by ParaFi Capital and Rec VC. Other participants included several crypto institutions such as Coinbase Ventures, MoonPay, Flowdesk, and Auros. Blockworks stated that the new funds will primarily be used for the development of crypto data, investor relations, and information disclosure, and plans to further integrate the currently fragmented crypto data market. Additionally, over 20 founders and operators from the crypto industry participated in this round of financing as individuals, with related projects including: Solana, EigenLayer, LayerZero, Arbitrum, Polygon, Kraken, Pyth Network, ZKsync, Celestia, and Berachain.
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Blockworks Completes Series A Extension Financing at $192 Million Valuation, Led by ParaFi Capital and Rec VC
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