Data analytics platform Nansen has acquired staking service provider StakeWithUs to expand its offerings, allowing 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 cryptocurrencies directly through its platform, adding non-custodial staking for more than 20 assets.
In a September 10 press release, Nansen CEO Alex Svanevik said the deal would provide the company’s users with a “simplified staking experience,” further reinforcing Nansen’s commitment to serving onchain investors.
StakeWithUs, a Singapore-based staking service backed by government innovation platform SGInnovate, is active in the staking sector, offering services on 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 evaluate token performance while staking on the same platform, the press release said. With this 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 scheme set to launch in 2025 that aims to reward users of the platform for activities such as staking and subscribing. Nansen says points can be redeemed for a range of rewards, including premium features, exclusive insights and more.