Messari, a major crypto market intelligence company, announced that it has raised $21 million in Series A investment round.
The investment will help expand the global reach of its Enterprise and Pro product suites, increase the size of its research and engineering teams by threefold, and bring in new offerings that facilitate participation in decentralized projects and their communities.
Led by Point72 Ventures, the round was participated by existing investors like Coinbase Ventures, Uncork Capital, and Underscore VC. Newcomers include Gemini Frontier Fund, Winklevoss Capital, Kraken Ventures, Blockchain Ventures and more. Private investors include Tom Glocer (former CEO of Thomson Reuters) and Diogo Monica (co-founder and president of Anchorage).
Thousands of investors, crypto enterprises, and token projects already rely on our products and services to conduct industry diligence and participate in the emerging crypto economy.
This new funding reinforces the value we have created for our early crypto-native customers and highlights the opportunity we have to solve some of crypto’s most challenging information and compliance problems for new institutional entrants as well.
Ryan Selkis, Co-founder and CEO of Messari
Aside from broadening its crypto enterprise offerings, the new capital will also help advance its plans to expand its institutional footprint. The plans include the newly launched Messari Asset Coverage Support (MACS) product.
The investment also supports the expansion of community research and educational content.