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Sources: Blockworks gradually closing news editorial department, shifting focus to data business expansion

Summary: According to sources, former Blockworks journalist Sam Reynolds revealed that Blockworks is gradually closing its news editorial department. The company, which was valued at $135 million in May 2023 after raising $12 million, has investors such as 10T Holdings and Framework Ventures. In April 2025, according to Fortune, Blockworks added a data sales business line ...

According to sources, former Blockworks journalist Sam Reynolds revealed that Blockworks is gradually closing its news editorial department. The company, which was valued at $135 million in May 2023 after raising $12 million, has investors such as 10T Holdings and Framework Ventures. In April 2025, according to Fortune, Blockworks added a data sales business line as part of its growth strategy to complement its existing news, conferences, research, consulting, and podcast services, with annual revenue expected to exceed $30 million.

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