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Messari CEO Resigns, Company Initiates Layoffs and Shifts Focus to AI

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March 17 (The Block) — Crypto market data platform Messari announced on Sunday that CEO Eric Turner has stepped down, and the company is laying off staff as it shifts focus to AI. Diran Li, Messari’s chief technology officer, posted on X Monday that Turner formally resigned following board discussions, with Li taking over as CEO. Turner confirmed the transition on social media, noting he will remain an advisor. Turner assumed the CEO role in 2024, succeeding founder Ryan Selkis — who resigned after posting a series of controversial remarks on X. On layoffs, Li wrote: “This transition also requires a difficult decision: we are parting ways with many team members who helped Messari reach where it is today.” He did not disclose the exact number of cuts. Li explained the restructuring aims to position Messari as an “AI-first” firm, serving institutional clients via research and AI-powered products. Messari is not alone in recent crypto layoffs. Last week, Optimism developer OP Labs said it is cutting ~20% of its team. Last month, Jack Dorsey’s Block Inc. eliminated nearly 4,000 positions, while Gemini trimmed 25% of its staff to prioritize its U.S. business. Founded in 2018, Messari is a blockchain research firm known for crypto industry analysis reports, market data, and hosting the annual Mainnet conference in New York.
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