US Top News and Analysis | Startup Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it AI generated summary, Read the full article for complete information. Blockworks, a crypto‑data startup, aims to become the “Morningstar” of digital assets by using proceeds from its latest Series A extension round—led by ParaFi Capital, Reciprocal Ventures, and supported by Coinbase Ventures—to acquire rivals and expand its platform for on‑chain assets such as cryptocurrencies, tokenized equities, commodities and real‑world assets. Co‑founder Jason Yanowitz says the crypto industry suffers a two‑sided trust problem: businesses have yet to earn institutional confidence, and investors lack reliable information to underwrite these assets. With annual recurring revenue reportedly surging over 500 % in the past year and revenue growth driven partly by its Digital Assets Summit events, Blockworks intends to fill the data‑research gap that traditional finance enjoys through firms like Morningstar, FactSet, Moody’s and S&P Global. By consolidating fragmented crypto‑data services into a single, high‑quality source, the company hopes to lower costs, improve risk management and accelerate broader adoption of tokenized assets. Read more: https://www.cnbc.com/2026/04/29/blockworks-wants-to-become-the-crypto-equivalent-of-morningstar-how-it-plans-to-do-it.html #Blockworks #Morningstar #JasonYanowitz #SEC