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.

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

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