Blockchain analytics firm Nansen has acquired popular non-custodial staking service, Stakewithus, as part of its moves to diversify its product offering.
In its press release, the analytics firm claimed that this acquisition marks a significant expansion of its capabilities as it allows users to not only analyze blockchain data and monitor portfolios but also stake assets directly within the platform.
Nansen, founded in 2020, has established itself as a trusted provider of on-chain data analytics for both EVM and non-EVM chains. The company’s CEO, Alex Svanevik, emphasized that this acquisition will also help it create a more streamlined user experience in which its users can analyze and act on insights without leaving the platform.
Stakewithus brings substantial assets under management to the table, with over $80 million in staked assets across 20 networks, including Solana, Sui, and dYdX. The service boasts more than 30,000 users, adding considerable value to Nansen’s existing user base.
While staking services are new to Nansen’s core offerings, the company has been involved in staking as a validator for the Ronin blockchain since April 2023. Nansen has become the third most popular validator on Ronin, with 11 million RON tokens ($16 million) staked across nearly 10,000 wallets.
As part of this strategic move, Nansen announced the NSN Points Program, a loyalty initiative set to launch in 2025. This program will reward users for activities such as staking and subscribing, with points redeemable for benefits, including access to premium features and exclusive insights.
In related blockchain news, Samsung Next, the venture capital arm of Samsung, has invested in Singapore-based Startale Labs as part of the Soneium Spark program. While investment details were not disclosed, Samsung Next investor John Yim highlighted the importance of addressing key Web3 challenges such as transparency, security vulnerabilities, and barriers to entry. Yim emphasized Startale Labs’ crucial role in providing essential infrastructure and tools to support a decentralized future with increased autonomy and innovation.
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