Svmuu News: Crypto market data platform Messari announced that CEO Eric Turner has stepped down, and the company is simultaneously undergoing significant layoffs as it pivots towards AI business.
Messari CTO Diran Li posted on X, stating that after discussions with the board, Eric Turner has stepped down as CEO, and he will be taking over the position. Eric Turner confirmed the transition and stated he will continue to serve as a company advisor. Eric Turner took over as CEO in 2024, succeeding founder Ryan Selkis.
This management change is accompanied by layoffs. Diran Li indicated that the company has parted ways with several employees but did not disclose the specific number of layoffs. Diran Li stated that this restructuring aims to position Messari as an "AI-first" company serving institutional clients, providing services through research and AI-driven products.
Messari was founded in 2018. Its main business includes publishing blockchain research reports, providing market data services, and hosting the annual Mainnet conference in New York.