Crypto analytics firm Messari bags $35 million in funding

Oluwajuwonlo Afolabi -

Messari, a New York-based cryptocurrency analytics firm has raised $35 million in its Series B funding round led by Brevan Howard Digital, to support its product development efforts.

  • The fund will be used to hire more talents for the analytics firm and also develop two new products: Protocol Metrics and Data Apps, the firm says.
  • Messari is a crypto-focused firm that is helping investors, regulators, and the public to make sense of crypto-based asset class and is also building data tools to provide insights for investments and decision making. It aims to support in using crypto to democratize access to information, it claims.
  • Ryan Selkis, Messari CEO and co-founder says the funding will help the firm to grow its team, expand internationally, and invest in new data offerings and tools to complete the firm's product suite.
  • The analytics firm last raised $21 million in August, last year. Morgan Creek Digital, Samsung Next, FTX Ventures, Galaxy and Coinbase Ventures invested in the latest funding round, which values the firm at $300 million.