DL Research

What DL Research does

DL Research is the research and analysis division of DL News LLC, a privately held Delaware limited liability company that operates a cryptocurrency and Web3 content platform. The company produces research reports, expert interviews, market insights, and industry analysis targeting crypto-native professionals, blockchain companies, financial institutions, and institutional investors seeking market intelligence on cryptocurrency adoption, regulatory developments, DeFi markets, and Web3 infrastructure. The research operation targets a horizontal B2B audience within the digital asset industry.

The product portfolio is delivered through a single unified platform at dlnews.com and includes the core DL News editorial platform (covering DeFi, Regulation, Markets, Web3, Snapshot, People & Culture, Deals, Llama U, and Opinion verticals), the DL Research content section (Spotlight, Reports, Interviews, Introducing, Insights, Collections), a subscription-based newsletter service, and an ETF Tracker tool monitoring Ethereum and Bitcoin ETF performance. Content is distributed through the dlnews.com digital platform, email newsletters, and partner networks including Chainwire press release distribution. The company has co-authored flagship industry research such as the World Crypto Rankings 2025 with Bybit, covering crypto adoption across 79 countries.

The business model is B2B-oriented with subscription-based newsletters, custom research arrangements, and partner content distribution; pricing is not publicly disclosed. The company operates with 1-10 employees under Managing Director Roosa Kivistö. The DL News homepage prominently features an article indicating that DL News is closing, signalling that the platform is in the process of winding down operations.

Name

DL Research

Legal name

DL News LLC

Website

https://dlnews.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

DL Research is the research and analysis division of DL News, a cryptocurrency and Web3 content platform producing research reports, market analysis, expert interviews, and an ETF tracker for crypto industry professionals and institutional investors.

Ownership category

akta.pro rank

Product category

Cryptocurrency and Blockchain Research Services

NAICS

Marketing Research and Public Opinion Polling (54191)

akta.pro primary industry

B2B / Industrial Market Research (MPAAALAA)

Keywords

• Cryptocurrency research
• Blockchain market intelligence
• Web3 industry analysis
• Crypto adoption reports
• Digital asset insights

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Distribution channels1 record

Marketing channels3 records

Core offering

DL Research is the research and analysis division of DL News, producing cryptocurrency and Web3 research reports, expert interviews, market insights, and industry rankings for professional and institutional audiences. Its flagship output is the World Crypto Rankings 2025 report (co-authored with Bybit), covering crypto adoption across 79 countries and territories.

Product overview

DL Research is the research and analysis division of DL News, a cryptocurrency and blockchain news platform. The company operates a single unified platform (dlnews.com) that delivers news, research reports, interviews, insights, and newsletter content focused on the crypto and Web3 ecosystem. The product portfolio consists of the core DL News Platform (dlnews.com), DL Research Content (research reports, interviews, and analysis), a Newsletter Service for subscription-based content delivery, and an ETF Tracker for monitoring cryptocurrency ETF performance. DL Research also publishes partner content and press releases through the platform.

Differentiator

Problem solved

Functional benefit

Products and services

• DL News Platform A cryptocurrency and blockchain news platform covering DeFi, Regulation, Markets, Web3, Snapshot, People & Culture, Deals, Llama U, and Opinion content categories, aimed at crypto industry professionals and institutional readers.
• DL Research Content Research reports, expert interviews, market insights, and analysis produced by the DL Research team covering cryptocurrency, blockchain technology, and Web3 ecosystem topics for industry professionals and institutional clients.
• Newsletter Service Subscription-based newsletter delivering curated cryptocurrency and blockchain news content to readers seeking regular industry updates.
• ETF Tracker A tool tracking Ethereum and Bitcoin ETF performance and market data for cryptocurrency market participants and institutional investors.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• BybitcoreStrategic or Co-development Partner · 10 December 2025DL Research co-authored the World Crypto Rankings 2025 report with Bybit, assessing global crypto adoption across 79 countries and territories. The partnership highlights leading countries in crypto adoption and the growing role of stablecoins and real-world asset tokenization. The report also covers how small European states like Lithuania, Estonia, and Ireland are leading crypto adoption due to regulatory frameworks and digital infrastructure.

Recent moves5 records

Expansion highlights4 records

Emerging players

• Glassnode: On-chain analytics and research provider; overlaps with DL Research's market intelligence remit, though differentiated by proprietary datasets rather than editorial research.
• CryptoQuant: Crypto market intelligence and on-chain data platform producing research reports for institutional clients; comparable audience and partially overlapping B2B research product.

Direct peers

• Messari: Crypto research and intelligence platform producing annual 'State of' reports, paid research subscriptions, and on-chain data — directly overlapping DL Research's B2B crypto research proposition.
• The Block: Crypto-native news and research outlet covering markets, DeFi, regulation, and Web3. The most directly comparable peer given overlapping editorial coverage and institutional research products.
• Blockworks: Crypto media and events company producing daily news, podcasts, and research — directly comparable business model combining editorial coverage with B2B research and events.
• Delphi Digital: Crypto research boutique producing in-depth reports, daily newsletters, and podcasts on DeFi, NFTs, and Web3 — close functional analogue to DL Research's premium research offerings.

Broad incumbents

• CoinDesk: Largest crypto media brand with news, research, and index products; broad incumbent competing for the same institutional crypto research audience as DL Research.
• Cointelegraph: Global crypto news publication with a research arm; broad incumbent in the same crypto editorial and research category as DL News/DL Research.
• Galaxy Digital Research: Crypto-native asset manager that publishes institutional research on digital assets, competing for the same institutional crypto-research readership that DL Research targets.
• Chainalysis: Blockchain data and analytics platform producing institutional-grade research on crypto markets and illicit finance; broader scope but overlapping institutional crypto-research readership.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat4 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/DLNewsInfo
• YouTubeyoutube.com/@DLNews
• Facebookfacebook.com/DLNewsInfo
• LinkedInlinkedin.com/company/dl-research

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DL Research