Crypto Analytics Firm Messari Raises $35M in Funding Round Led by Brevan Howard Digital

The round reportedly values the firm at $300 million.

AccessTimeIconSep 21, 2022 at 2:07 p.m. UTC
Updated Sep 21, 2022 at 2:39 p.m. UTC

Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.

Cryptocurrency data and analytics firm Messari has closed a $35 million Series B funding round that was led by Brevan Howard Digital, according to a press release.

The round, which was first reported in August, includes investments from Morgan Creek Digital, Samsung Next, FTX Ventures, Galaxy and Coinbase Ventures.

Messari, which is hosting its annual Mainnet conference in New York this week, will use the capital to hire more people and develop two new products – Protocol Metrics and Data Apps.

"This new funding will help us grow our team, expand internationally and invest in new data offerings and tools that complete our market-leading product suite," Messari co-founder and CEO Ryan Selkis said in the release.

The round reportedly puts Messari, which raised $21 million in August of last year, at a $300 million valuation.

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Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.

CoinDesk - Unknown

Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.