Crypto Analytics startup Messari secured $35M in Series B funding

Messari, a New York-based provider of crypto market intelligence products, has now secured $35 million in a Series B funding round.

Messari is founded by Ryan Selkis. Messari is the provider of market intelligence products focused on the digital asset ecosystem. For institutions and individuals alike, the company combines deep analysis, data, tools, and news to improve industry transparency and drive smarter participation in crypto.

Ryan Selkis, Messari's Co-founder & CEO, said, "We're excited to welcome a remarkable group of investors as partners in our next phase of growth. We are committed to providing investors, crypto enterprises, and token communities with the tools they need to participate in the crypto economy. 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."

Florent Moulin, Messari's Director of Product, said, "We've always built our products with our customers in mind, and we've witnessed a large demand for real-time protocol financial reporting, so we're proud to introduce these unique offerings that completely change the experience for users. With the launch of Protocol Metrics and Data Apps, we're ushering in an era where Messari is as equally strong of a data provider as it is a research and analytics provider. We look forward to seeing the type of Web3 talent this new era attracts."

The round was backed by Brevan Howard Digital with participation from Morgan Creek Digital, FTX Ventures, Samsung Next, as well as existing investors Kraken Ventures, Point72 Ventures, Galaxy, Underscore VC, Uncork Capital, and Coinbase Ventures.

The crypto startup, as of now, has plans to use the new funds to expand its team and continue to develop its offerings, which include protocol metrics, newly launched products, and data apps.