Blockworks, a media brand focused on crypto, has raised $12 million at a $135 million valuation. The funds will be used to expand the company and compete with major media outlets like the Wall Street Journal. Blockworks was co-founded by Jason Yanowitz and Michael Ippolito in 2018, initially focusing on hosting conferences before moving into digital media. The company has seen exponential growth throughout 2021, partly due to partnerships with entities like Bankless. The recent funding round included participation from 10T, Framework Ventures, and Santiago Santos.