Crypto media company Blockworks raises $12 million

Blockworksa digital media American company specialized in the cryptohas completed a financing round led by the venture capital firm 10T Holdings.

Blockworks announced today that it has raised 12 million dollars at a valuation of $135 million. Led by 10T Holdings, the New York-based media company’s funding round also attracted another major crypto VC with Framework Ventures.

Our fundamental belief is that crypto is a brand new asset class. As crypto grows, industry players will need a media and information platform that provides the information they need,” said Jason Yanowitz, Blockworks’ co-founder.

The company, which was founded in 2018 and had already raised $100,000 in its first year of operation, will leverage the new funding to invest in content creation and improve its Blockworks Research suite of products.

Last year, Decryptanother great American crypto media, collected 10 million dollars in series A.

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