Key Takeaways:
- Nansen acquired StakeWithUs for over $1 million, entering the staking and crypto investment space.
- The acquisition enables Nansen to offer non-custodial staking for over 20 digital assets, including SOL, SUI, OSMO, and ATOM.
- Nansen will be a validator on the Berachain mainnet, expanding its blockchain ecosystem involvement.
Nansen, a leading blockchain data analytics provider, has acquired StakeWithUs, a staking platform, to expand its services into crypto investments.
The deal, reportedly costing over $1 million, marks Nansen’s first venture into staking, a process that allows users to lock tokens to validate blockchain transactions and earn rewards.
We’re excited to announce that we have acquired @stakewithus!
— Nansen 🧠| TOKEN2049 🇸🇬🏎️ (@nansen_ai) September 10, 2024
SWU is a non-custodial staking service provider with $80m+ staked by 30k+ users & supports 20+ chains
You can now analyze data, monitor your portfolio and stake assets in one place with Nansen!
Read on to learn more pic.twitter.com/0FOiqiiImy
StakeWithUs, supported by Singapore’s SGinnovate, offers staking solutions across multiple blockchains.
This acquisition will enable Nansen to offer non-custodial staking for over 20 digital assets, including tokens like SOL, SUI, OSMO, and ATOM.
According to CEO Alex Svanevik, the move not only broadens Nansen’s service offerings but also enhances its support for blockchain ecosystems.
1/ We’re proud to announce that we're now part of @nansen_ai!
— Stakewithus (@stakewithus) September 10, 2024
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
Additionally, Nansen plans to integrate new blockchain networks, such as Berachain, a layer 1 blockchain compatible with the Ethereum Virtual Machine (EVM).
Nansen will also serve as one of the first validators on the Berachain mainnet, marking its initial step into transaction validation within blockchain ecosystems.
About The Author
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
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