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Crypto Analytics Firm Messari Raises $35M in Funding Round Led by Brevan Howard Digital
The round reportedly values the firm at $300 million.
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.
STORY CONTINUES BELOW
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.
Oliver Knight
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
