Blockworks Raises $12M at $135M Valuation

Blockworks has closed a $12 million fundraise with a valuation of $135 million, the crypto media firm announced Tuesday.

The company will use the investment, led by 10T Holdings, to expand Blockworks’ product suite and Research platform, co-founders Michael Ippolito and Jason Yanowitz said.

“Our core belief is that crypto is an entirely new asset class,” Yanowitz added. “As crypto grows, industry participants will need a media and information platform that arms them with the information they need.”