Blockchain analytics firm Nansen has announced its acquisition of the popular non-custodial staking service, Stakewithus, as part of its efforts to diversify its product offering.
Nansen's Expansion
According to the company's press release, this acquisition marks a significant expansion of its capabilities, allowing users not only to analyze blockchain data and monitor portfolios but also to stake assets directly within the platform. Founded in 2020, Nansen has established itself as a trusted provider of on-chain data analytics for both EVM and non-EVM chains. The company’s CEO, Alex Svanevik, emphasized that this acquisition will help create a more streamlined user experience, enabling users to analyze and act on insights without leaving the platform.
Stakewithus Staking Service
Stakewithus manages assets worth over $80 million across 20 networks, including Solana, Sui, and dYdX. The service supports more than 30,000 users, greatly enhancing Nansen’s existing user base. While staking services are new to Nansen’s core offerings, the company has been involved in staking as a validator for the Ronin blockchain since April 2023. Nansen has become the third most popular validator on Ronin, with 11 million RON tokens ($16 million) staked across nearly 10,000 wallets.
New NSN Points Program
As part of this strategic move, Nansen announced the NSN Points Program, a loyalty initiative set to launch in 2025. This program will reward users for activities such as staking and subscribing, with points redeemable for benefits, including access to premium features and exclusive insights.
The acquisition of Stakewithus and the launch of the NSN Points Program offer new opportunities for Nansen users, expanding services and enhancing user experience.
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