The CEO of crypto market data platform Messari has stepped down, and the company is undergoing massive layoffs and transitioning to AI.

Crypto market data platform Messari announced the resignation of CEO Eric Turner, along with a large-scale layoff, as the company shifts its focus to AI. Messari CTO Diran Li stated on the X platform that after discussions with the board, Eric Turner has stepped down as CEO, and Li will assume the position. Eric Turner confirmed the handover and stated he will continue to serve as an advisor to the company. Eric Turner took over as CEO in 2024, succeeding founder Ryan Selkis. This management change is accompanied by layoffs; Diran Li stated that the company has separated from 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. Founded in 2018, Messari's main businesses include blockchain research reporting, market data services, and it hosts the Mainnet conference annually in New York.