Messari gives your analysts crypto data and research to work in. Perception researches your market for you: your peers, dated deals and what to do next.
You get a market map built around your fund's question, with every finding linked to its source.
Messari's description checked against its documentation on 13 October 2026. Recommendations reflect our assessment. Confirm coverage and access on the plan you would buy.
Research and strategy on digital assets for institutions. A market map covers your peers, the holdings and flows that matter to your strategy, the dated deals and hires in your segment, and three recommendations, ranked. Perception Advisory keeps the research current every month.
Consider it for
a research team that wants a finished read on its market and what to do next.
Crypto data and research. Market data for 40,000+ assets, onchain data for networks, protocols and stablecoins, fundraising and token vesting data, news from 500+ sources, and research reports, including protocol quarterly reports and asset diligence reports.
Consider it for
asset-level diligence, token and protocol data, and a research library your analysts work in themselves.
PerceptionSystem exampleHow are Circle and Coinbase developing their stablecoin businesses?
PerceptionAgent Stack combines wallets, paid-service discovery, and a CLI for agents transacting in USDC.
Average USDC held in Coinbase products reached $20 billion in its July 30 release.
2 sourcesSelected company developments with different publication dates. A quantitative peer comparison requires matching periods and definitions.
Illustrative System output. Saved research · 27 Sep 2026
Example of a separately scoped Perception System.
Messari is a data and research platform. Your analysts sign in, pull asset and protocol data, and read Messari's reports. Perception does the research on your market and hands it to your team: a market map built for your fund, with the evidence linked and three recommendations at the end.
Each map is built for one team (strategy, research, product or BD) and names it.
Every finding links to the article, filing, earnings call or post it came from, with its date. The record covers 2,800+ sources active in the past 12 months and goes back to 2011, so a question about this quarter can be checked against the years before it.
The two fit together. Keep Messari for asset, onchain and protocol data, and use a Perception market map for your peers, the deals in your segment and what to do next.
A market map arrives as a report. Perception Advisory adds a weekly brief, a strategy call each month and the terminal for your team, with 10 seats. Your team reads it the way it reads any research it buys today, with no access to your systems.
Pick a question your team is working on now, such as which asset managers filed for a digital asset product this quarter, and ask each provider how they would answer it.
Check that every finding links to the filing, call or article behind it, with a date.
A dataset needs your analysts' time to turn into a view. A market map ends with three recommendations, ranked.
Clients
How teams use the Perception record in their own work.
Tracks competitor narratives and regulatory shifts across regions, and turns them into one view for leadership.
Picks content themes from live narrative data, and grew content reach and impressions 5-10x.
Runs competitive mention reports to sharpen client pitches, and landed Fortune and WSJ newsletter mentions for a client.
Builds its quarterly investor reports on Perception data, explaining what moved the market and why.
Sample work: our section of Epoch VC's 2026 Bitcoin ecosystem report
Yes. Messari covers asset, onchain and protocol data across 40,000+ assets. Perception covers your market: your peers, holdings and flows, dated deals and hires, and three recommendations.
Your peers, the holdings and flows that matter to your strategy, the dated deals and hires in your segment, and three recommendations, ranked.
The research reaches you as a report and, on Advisory, a weekly brief. There is nothing to install.
Our founder leads every project and writes the recommendations himself. He spent four years as VP of Marketing at Blockstream and ran digital strategy at Universal Music Group.
If it's useful, Perception Advisory keeps the research coming every month, with the terminal for your team.
Answer a few questions, pick a time, and our founder shows you what a market map of your market would cover.
Fernando Nikolicex-Blockstream, ex-UMG