Brevan Howard leads $35 million round for crypto analytics platform Messari

Brevan Howard leads  million round for crypto analytics platform Messari

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  • Messari, a crypto data and analytics company, has raised $35 million in a Series B funding round.
  • The round was led by Brevan Howard Digital, according to a press statement.

Crypto data and analytics company Messari has raised a $35 million Series B funding round led by Brevan Howard Digital.

Other new investors include FTX Ventures, Morgan Creek Digital and Samsung Next, among others. Existing investors like Point72 Ventures — which led Messari’s $21 million Series A in August 2021 — also took part, according to a statement.

The Block previously reported that Messari was raising a funding round at a $300 million valuation. At the time, a source told The Block that the projected raise amount was $35 million.

The new funds will be used to fund product development and to expand its team, according to Messari.

“We’re excited to welcome a remarkable group of investors as partners in our next phase of growth,” Messari co-founder and CEO Ryan Selkis said in a statement.

This article was originally published on  theblock.co

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