Blockchain analytics firm Nansen acquires staking provider StakeWithUs

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

Blockchain analytics platform Nansen has acquired staking provider StakeWithUs in a move that will allow its users to stake cryptocurrencies directly through its platform, providing custody-free staking for over 20 assets.

Nansen CEO Alex Svanevik said in a press release on September 10 that the deal will provide the firm’s users with a “simplified staking experience” and further solidify Nansen’s commitment to serving on-chain investors.

StakeWithUs, a Singapore-based staking service backed by the government’s innovation platform SGInnovate, operates in the staking sector by offering services on multiple blockchain networks, including Ethereum (ETH), Solana (SOL), and Celestia (TIA).

Nansen already provides analytics for over 20 blockchains, and with this acquisition, the company aims to consolidate tools for investors and enable them to evaluate token performance while staking on 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 the NSN Points Program, a loyalty system designed to reward platform users for activities such as staking and subscriptions, scheduled to launch in 2025. Nansen says points can be redeemed for a variety of rewards, including premium features, exclusive insights, and more.