Blockworks raises Series A funding with Coinbase Ventures participation

Crypto media outlet Blockworks has raised an undisclosed amount in a Series A funding round, valuing the company at $192 million, CNBC reported. The round was co-led by ParaFi Capital and Reciprocal Ventures, with participation from Coinbase Ventures. Blockworks plans to use the capital to acquire competitors and build out its data and research infrastructure for on-chain asset investors.