Messari raises $35M to expand ‘Bloomberg of crypto’ ambitions

09/21 13:48

According to Fortune, not bad for a Two Bit Idiot. The “idiot” in question is Ryan Selkis, who uses the tongue-in-cheek monicker for his popular Twitter account, and who just raised a $35 million Series B round for Messari, the crypto data firm he founded in 2018. The funding round, led by Brevan Howard Digital, reflects the growing popularity of Messari, one of a handful of firms that have made a business of transforming blockchain data into standardized reports. Selkis likens Messari to the crypto version of Bloomberg, the financial news and data colossus. While Messari’s collection of charts and reports offer investors a clearer picture of the crypto landscape, Selkis also views the service as laying the groundwork for a future era where much of the current corporate compliance and reporting regime will become unnecessary.

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