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Blockchain analytics firm Nansen acquires staking provider StakeWithUs

blockchain-analytics-firm-nansen-acquires-staking-provider-stakewithus
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Blockchain analytics firm Nansen acquires staking provider StakeWithUs

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

Nansen, a blockchain analytics platform, has acquired staking provider StakeWithUs in a move that would allow its users to stake crypto directly through its platform, adding non-custodial staking for over 20 assets.

In a Sept. 10 press release, Nansen chief executive Alex Svanevik said the deal will provide the firm’s users with a “streamlined staking experience,” further solidifying the Nansen’s commitment to service to onchain investors.

StakeWithUs, a Singapore-based staking service backed by the government’s innovation platform SGInnovate, has been active in the staking industry, offering services across multiple blockchain networks, including Ethereum (ETH), Solana (SOL), and Celestia (TIA), among others.

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

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