TL;DR
- Nansen Acquires StakeWithUs: Nansen, an on-chain analytics platform, has acquired StakeWithUs, a staking service provider, to offer staking for over 20 cryptocurrencies directly on its platform.
- Seven-Figure Deal: The acquisition, valued in the seven-figure range, aims to expand Nansen’s services, integrating staking for assets like Solana (SOL), Sui (SUI), Celestia (CEL), and Cosmos (ATOM).
- Enhanced Blockchain Support: Nansen will also add new blockchains, including Berachain, and launch the NSN Points program in 2025 to reward stakers with perks, consolidating its position as a comprehensive platform for on-chain investors.
Nansen, a leading on-chain analytics platform, has announced its acquisition of StakeWithUs, a prominent staking service provider. This strategic move marks Nansen’s first venture beyond data provision, aiming to offer comprehensive investment services to both institutional and retail clients.
1/ We’re proud to announce that we're now part of @nansen_ai!
This acquisition brings exciting opportunities, combining our staking services with Nansen’s analytics.
Rest assured, nothing changes for existing stakers — you’ll still enjoy the same security and user experience… pic.twitter.com/2fBhmo3mDj
— Stakewithus (@stakewithus) September 10, 2024
A Seven-Figure Deal
The acquisition, reportedly valued in the seven-figure range, underscores Nansen’s commitment to expanding its service offerings. StakeWithUs, backed by Singapore’s SGinnovate program, has established itself as a reliable provider of staking services across multiple blockchain networks.
This integration will enable Nansen users to stake their crypto assets directly through the platform, starting with over 20 different assets, including Solana (SOL), Sui (SUI), Celestia (CEL), and Cosmos (ATOM).
Nansen is Enhancing Blockchain Ecosystems
By incorporating staking services, Nansen aims to enhance its support for the blockchain ecosystems it integrates with. To encourage users to stake their assets, Nansen announced the development of the NSN Points program, scheduled for launch in 2025.
This program aims to reward eligible stakers and subscribers with points, which can be redeemed for perks like premium features or exclusive insights, as stated by Nansen.
“By enabling staking within Nansen, we are not only expanding our service offerings but also enhancing our support for the blockchain ecosystems we integrate with,” said Alex Svanevik, CEO of Nansen.
This move aligns with Nansen’s goal of becoming the primary platform for on-chain investors, consolidating a wide range of tools and services in one place.
New Blockchain Integrations
In addition to the staking services, Nansen will also add new blockchains to its platform, including Berachain, a high-performance layer-1 blockchain compatible with the Ethereum Virtual Machine (EVM).
Nansen will be one of the first validators on Berachain’s mainnet, marking its initial foray into supporting a blockchain by validating transactions. This acquisition is a significant step for Nansen as it continues to diversify its offerings and strengthen its position in the crypto market.
With the integration of StakeWithUs, Nansen is poised to provide a more comprehensive suite of services, catering to the evolving needs of the blockchain and crypto community.
