Nansen acquires StakeWithUs, enables direct staking on its platform

Key Takeaways

  • Nansen has acquired StakeWithUs as part of its strategy to become a comprehensive platform for digital asset investments.
  • Over 20 assets are supported at launch, including Ethereum, Solana, Sui, and more.

Nansen, the leading on-chain analytics platform, announced today it has acquired StakeWithUs, a prominent staking service provider. With this acquisition, Nansen users can now stake their assets directly through Nansen’s platform, starting with over 20 different assets.

The latest integration is part of Nansen’s strategic move to expand its offerings and establish itself as a comprehensive investment platform for both retail and institutional investors, the company stated.

Nansen’s goal is to become the premier platform for on-chain investors by consolidating a wide range of tools and services, covering both analytics and staking capabilities.

“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,” said Alex Svanevik, CEO of 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,” Svanevik added.

Singapore-based StakeWithUs, known for its secure staking solutions, will let Nansen users stake different major assets, including Ethereum, Solana, Sui, and many others. The company is backed by SGInnovate, a Singapore government deep tech fund.

“This acquisition aligns perfectly with our vision of providing seamless and secure staking services to a broader audience,” said Michael Ng, StakeWithUs’ founder.

“By integrating our expertise with Nansen’s advanced analytics capabilities, we are setting the stage for a more integrated and powerful investment platform,” he stated.

In addition to the acquisition, Nansen revealed the upcoming launch of the NSN Points Program, a loyalty initiative to reward its community of stakers and subscribers. Set to begin in 2025, the program will award points for various activities, which can be redeemed for rewards.

Source: https://cryptobriefing.com/nansen-acquisition-stakewithus/