Data analytics platform Nansen has acquired staking service provider StakeWithUs to enhance its offerings, enabling users to stake assets directly on-chain.

Nansen, a blockchain analytics platform, has integrated StakeWithUs to allow its users to stake crypto directly through its platform. This acquisition introduces non-custodial staking for over 20 assets.

In a Sept. 10 press release, Nansen’s CEO Alex Svanevik stated that the deal will provide users with a “streamlined staking experience,” reinforcing Nansen’s commitment to serving on-chain investors.

StakeWithUs, based in Singapore and backed by the government’s innovation platform SGInnovate, has been active in the staking industry. It offers services across multiple blockchain networks, including Ethereum, Solana, and Celestia.

Nansen’s Expanded Capabilities

Nansen already provides analytics for over 20 blockchains. With this acquisition, the company aims to consolidate tools for investors, allowing them to assess token performance while staking within the same platform. Additionally, Nansen will act as a validator for emerging blockchains, including Berachain, a layer-1 network.

Introducing the NSN Points Program

As part of the acquisition, Nansen announced the launch of its NSN Points Program, a loyalty system set to debut in 2025. This program is designed to reward platform users for activities like staking and subscribing. Points can be redeemed for a range of rewards, including premium features and exclusive insights.

For the latest updates and in-depth analysis on cryptocurrencies, investing, and finance, explore more news on Global Crypto News.

Post Views: 4