Messari CEO Eric Turner Steps Down Amid Major AI Pivot and Layoffs
Crypto data and research platform Messari has announced that CEO Eric Turner is stepping down from his role. The leadership change comes alongside a round of layoffs as the company shifts its focus to becoming an “AI-first” organization. Turner, who took over as CEO in 2024 after founder Ryan Selkis resigned, confirmed the transition on social media and will stay on as an advisor to support the new direction.
CTO Diran Li Named New Messari CEO Following Board Approval
Messari Chief Technology Officer Diran Li has been appointed as the new CEO, a move confirmed by Li himself on X and approved by the company’s board of directors. Li stated that the leadership transition includes difficult decisions, including parting ways with several longtime team members who helped build Messari into a leading blockchain analytics firm. The exact number of employees affected by the layoffs has not been disclosed.
Messari Conducts Layoffs While Restructuring for AI-Driven Growth
The staff reductions at Messari are part of a broader restructuring aimed at sharpening focus on fewer priorities and positioning the company for the future. This move mirrors recent layoffs across the crypto industry, including OP Labs cutting 20% of its workforce, Block Inc. reducing nearly 4,000 jobs, and Gemini laying off 25% of staff. Li emphasized that these changes are necessary to evolve Messari into a more efficient, AI-powered organization.
Messari Goes AI-First to Serve Institutional Clients with Research and Data Products
Founded in 2018, Messari is known for its in-depth blockchain research reports, market data tools, and the annual Mainnet conference in New York. Under the new strategy, the company will prioritize AI-driven products and services tailored for institutional clients. The pivot is similar to the rationale given by Block Inc. for its recent 40% workforce cut, signaling a clear industry trend toward integrating artificial intelligence into crypto research and analytics platforms.
