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Blockworks raises $12M at $135M valuation

by Vaibhav
May 10, 2023
in News
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Blockworks raises $12M at $135M valuation
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  • Round led by private equity firm 10T Holdings
  • Santiago Santos also took part in the initiative.
  • Previously, he managed to light up in the Blockworks podcasts.
  • The money received will go to improve Blockworks Research
  • It is an information and analytical platform

On Tuesday, May 9, the cryptocurrency media portal Blockworks reported on the completion of a $12 million round. The headliner was the private investment company 10T Holdings of a certain Dan Tapiero.

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As a result, the company’s market value reached $135 million. The funds received by the company will be used to expand the products of the Blockworks Research analytical platform.

In addition to 10T Holdings, Framework Ventures and private investor Santiago Santos also participated in the round. The latter was a partner of ParaFi Capital and is now actively involved in podcasts on the platform.

“Over the past year, we have been painstakingly working on Blockworks Research, which combines real-time data, analytics, research and news. Counterparties and traders rely on it when making investment decisions. This round will allow us to continue to work on the platform to provide the industry with a trusted source of information.” — says in press release.

Recall that last week Blockworks launched a new tool – GovHub. It allows you to monitor and make decisions on the management proposals of the protocols. Read more on link.

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We previously reported that 14 projects raised more than $68.7 million in investments last week. This is our regular section. Don’t miss out on new releases.

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