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Katherine Ross
Verified
News Editor, Blockworks
Texas
Beats
Biography
I write articles on personal finance for ValuePenguin.
Crypto and AI
No hot takes
Content
By Katherine Ross Verified| Blockworks Verified This is a segment from the Empire newsletter. To read full editions, . M&A szn is still going strong. Kado Software, the Web3 payments infrastructure company, was acquired by Swapped.com. The team declined to disclose the terms of the deal, but it plans to grow the US operations for Swapped.com, which is a Denmark-based firm. Emery Andrew, Kado's founder, told me that the team's been weighing its options for a while - from debating a fundraise to looking for the right fit to acquire it.
By Katherine Ross Verified| Blockworks Verified "I think the industry a year ago was messy, was very competitive," LayerZero CEO Bryan Pellegrino told me. But it's been "cleared up" thanks to the friendlier environment and overall adoption. Last month, the company saw $6 billion in transfers, he added, and $100 billion worth of assets were built on LayerZero. Admittedly, Pellegrino added, he still thinks of crypto as an underdog industry, one that's fairly small.
By Katherine Ross Verified| Blockworks Verified "Be prepared to do more with less," Framework Ventures' Michael Anderson said on this week's Empire round-up. Empire co-host Santiago Santos joined the Bell Curve round-up to chat about the cycle, and he talked a lot about what this moment means for founders, given that the overall attitude around crypto is pretty bullish...and yet it's a tough time to build in crypto.
Company Info
Blockworks
Blockworks is a financial media brand based in Brooklyn, New York, founded in 2018. The company specializes in news and insights about digital assets, primarily targeting the financial services sector and investors interested in cryptocurrency markets. Blockworks aims to enhance transparency and engagement within the crypto space through its diverse content offerings. The company provides a range of services, including editorial content, newsletters, and podcasts that feature discussions and interviews with industry experts. Blockworks also organizes events to help traditional financial institutions enter the blockchain space. Its research platform offers data and analytics focused on protocol governance, catering to institutional clients with a premium product priced at $2,500 per seat. Blockworks has raised $12 million in Series A funding, with a valuation of $135 million. The company is dedicated to fostering responsible conversations about blockchain and crypto, promoting a collaborative culture that values clear communication and employee engagement.
New York, New York, United States
+1 415-497-9715
Founded: 2017