Messari shifts to AI focus under new CEO as layoffs and restructuring reflect wider crypto industry adjustments.
Crypto research firm Messari is entering a new phase after a leadership change and internal restructuring. At the same time, the company confirmed a shift in direction, moving toward building AI-focused products for institutional clients. On the other hand, other crypto companies also tighten operations.
Eric Turner Exits as Messari CEO, Company Repositions Around AI Strategy
Diran Li, formerly Chief Technology Officer, has stepped into the CEO role following discussions with Eric Turner and the board. In a post on X, Li described the move as the right step for the company’s next stage.
He added that Messari will now focus on becoming an “AI-first” company, with an emphasis on research and AI-driven tools for institutional users. Alongside the leadership change, Li confirmed that the transition includes layoffs.
Today I’m stepping into the CEO role at Messari. After conversations with Eric and the board, we agreed this is the right step for the company’s next chapter.
This transition also includes a difficult decision: we’ve parted ways with many teammates who helped build Messari into…
— Diran Li (@diran_li) March 16, 2026
As part of the restructuring, several employees have been let go. While he did not provide specific numbers, he described the decision as difficult. He also expressed appreciation for the departing staff, noting their role in building the company over the years. In addition, Li said he intends to help affected employees find new opportunities.
Eric Turner separately confirmed his departure in a post on X. He said stepping down was not easy but necessary for the company’s direction. At the same time, Turner expressed full support for Li and the leadership transition.
He also acknowledged the layoffs, describing it as a hard moment for the team. Going forward, Turner plans to remain involved as an advisor.
Turner became CEO in 2024 after founder Ryan Selkis stepped down. At the time, Selkis resigned after a series of controversial social media posts. During his tenure, Turner focused on stabilizing the firm and expanding its research and data offerings.
Other Crypto Firms Cut Back and Refocus Priorities
Messari’s pivot comes as several crypto firms adjust their operations. In recent months, cost control and strategic focus have become key themes across the sector. OP Labs, the development company behind the Optimism network, recently cut about 20% of its workforce. Leadership said the move would allow the firm to focus on core development work with a smaller team.
Similarly, Gemini has made comparable adjustments. The exchange scaled back operations in the UK, European Union, and Australia. It also reduced its workforce by roughly a quarter. According to the company, the decision reflects a narrower focus on the United States market.
Against this backdrop, Li described Messari’s restructuring as a step to better serve institutional clients. He said the company will focus on research products supported by AI systems.
As both crypto and technology continue to change quickly, these factors are shaping the decision. Even so, Li added that Messari will continue helping clients understand the market with reliable data and analysis.
The post Messari Undergoes Leadership Change, Workforce Cuts in AI Pivot appeared first on Live Bitcoin News.
