Update on our next phase of growth (long post) TL/DR: Blockworks is becoming a software/data first org When Mike and I started Blockworks in 2017, we wanted to solve "the information problem." Crypto was growing up fast and the new entrants deserved better information. We've built everything from events to podcasts, research, data, and news. As we’ve scaled, we’ve experienced massive growth across all business units: we've had record revenues in 2025 and we'll have another record year in 2026. Over the past two years, we have seen particularly rapid growth in our data business. The market is telling us that our combo of data + distribution is extremely valuable. Every day, we hear from both investors and protocols that Blockworks data is critical to their daily workflow. And so, we're going all in on what Mike and I believe is the greatest opportunity we’ve seen since launching Blockworks in 2017. More on this soon :) Now, to talk about news... Mike and I launched news in 2021 as an extension of our events, podcasts, and newsletter businesses. At the time, crypto media couldn't speak fluently to tradfi, and trad media couldn't understand crypto. Since then, Blockworks has broken big stories, published thousands of stories, been cited by nearly every major publication, and helped shape the industry conversation every day. I am very proud of the work that the team has done. But the landscape is changing and the same problems don’t exist today. There are many strong crypto media publications. Great journalists combined with new tools have raised the bar in reporting, and traditional outlets have also improved. Meanwhile, users are increasingly looking toward data as a primary information source. So we’ve decided to sharpen our focus on software and data and exit our news business. To our incredible news team: a huge, heartfelt thank you. You built something that helped shape the industry and fueled the growth of Blockworks. I have a deep amount of respect for all that you do. To anyone hiring crypto journalists, please reach out – everyone is incredible. To the broader Blockworks community: over the coming months, you’ll see Blockworks evolve into a data-first intelligence platform. Our website will become a true data destination. Our main newsletters and podcasts will continue to set the pace for conversations that drive the industry. Our events will continue to grow (DAS is coming to Abu Dhabi next year). And we’re rolling out more category-defining software and data products soon. Love you all, onwards.