Crypto staking service provider StakeWithUS taken over by Nansen, resulting in expansion of Nansen's crypto-related offerings.
In a significant move, on-chain analytics firm Nansen has acquired StakeWithUs, a Singapore government-owned staking service provider, in a deal valued in the seven-figure mark. This acquisition marks Nansen's first foray into validating for a major layer-1 blockchain and consolidating a wide range of tools and services in one place.
The integration of StakeWithUs with Nansen's on-chain analytics platform will allow users to stake their assets directly on-chain through Nansen. This consolidated platform will support non-custodial staking across over 20 blockchains, enabling users to stake a wide range of crypto assets securely without relinquishing control of their funds.
Alex Svanevik, CEO of Nansen, expressed his excitement about welcoming StakeWithUs to the Nansen team. "We are thrilled to have StakeWithUs on board. This acquisition aligns with our goal of providing a streamlined staking experience to our users," he said.
Michael Ng, Founder of StakeWithUs, also commented on the acquisition, stating that it aligns with their vision of providing seamless and secure staking services to a broader audience.
The StakeWithUS integration enables users to stake a diverse amount of tokens supported by the 20-plus blockchains whose data is accessible on Nansen. At launch, the platform will offer non-custodial staking for over 20 different assets, including Solana, Sui, Celestia, Dydx, Akash, Cosmos, Osmosis, Band, Skale, Certik, Persistence, Kava, Celer, Archway, Passage, and Agoric.
Nansen is fully committed to meeting the highest standards on security and uptime. By enabling staking within Nansen, the platform is expanding its service offerings. The company is also establishing a loyalty program called NSN points, designed to reward its community of stakers and subscribers. The NSN points program is set to launch in 2025 and will retrospectively reward eligible stakers and subscribers for their engagement with the Nansen platform.
Nansen is enhancing its support for the blockchain ecosystems it integrates with. The company is joining the proof-of-liquidity-powered blockchain Berachain as a validator ahead of EVM-compatible blockchain's upcoming mainnet. The integration of StakeWithUs' expertise with Nansen's advanced analytics capabilities is setting the stage for a more integrated and powerful user platform.
This acquisition is a significant step forward for Nansen as it aims to establish itself as the premier platform for on-chain investors, offering unparalleled value and service.
Users can now stake their crypto assets directly on-chain through Nansen, thanks to the integration of StakeWithUs. The consolidated platform, supporting non-custodial staking across over 20 blockchains, provides insights into various on-chain news and trends, catering to the community of on-chain investors, aiming to make Nansen the premier platform for such users.
