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Nansen acquires staking firm StakeWithUs to diversify services

Nansen acquires staking firm StakeWithUs to diversify services

The BlockThe Block2024/09/09 16:00
By:The Block

Quick Take The onchain data analytics firm aims to become an investment platform as it expands its services by acquiring StakeWithUs. Nansen intends to offer users access to over 20 crypto assets, including Ethereum, Solana and Sui.

Blockchain analytics firm Nansen has acquired StakeWithUs, a staking service provider, as the onchain data platform aims to broaden its services for cryptocurrency investments.

In a statement shared with The Block, Nansen said it plans to integrate StakeWithUs into its platform, enabling users to stake their digital assets directly through Nansen. It intends to offer users access to more than 20 crypto assets, including Ethereum, Solana and Sui.

“This acquisition allows us to provide our users with a streamlined staking experience, further solidifying our commitment to offering unparalleled value and service to onchain investors,” Alex Svanevik, CEO of Nansen, said in the statement.

“Over time, users will be equipped with the tools to both evaluate the performance of and stake a diverse selection of tokens supported by all these blockchains,” Nansen said. Nansen did not disclose the size of the acquisition deal.

In a bid to incentivize users to stake their assets, Nansen said that it’s developing an NSN Points program, set to launch in 2025. The program is designed to reward eligible stakers and subscribers with points, which can be redeemed for perks such as premium features or exclusive insights, according to Nansen.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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