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Nansen acquires StakeWithUs to expand staking services

Sep 10, 2024
  1. Staking services integration
  2. Expansion of influence and challenges
  3. Nansen partners with Aptos and ZachXBT

Nansen, a blockchain analytics firm, has announced its acquisition of Singapore-based staking service provider StakeWithUs to broaden its range of services.

Staking services integration

According to the press release, StakeWithUs, supported by SGInnovate, offers secure staking services across multiple blockchain networks and will be integrated into Nansen's platform. Consumers will be able to stake their assets directly through the Nansen platform. Initially, non-custodial staking for over 20 assets including Solana, Sui, Celestia, Dydx, Akash, Cosmos, Osmosis, Band, Skale, and Certik will be available. Alex Svanevik, CEO of Nansen, noted that users will be able to stake their tokens seamlessly with the company's validators across more than 20 blockchains.

Users will be able to stake their assets directly onchain through the Nansen platform.Alex Svanevik, CEO of Nansen

Expansion of influence and challenges

Nansen's role as one of the first validators for Berachain's mainnet, an Ethereum Virtual Machine (EVM)-compatible layer-1 blockchain, marks a significant milestone. Svanevik noted that the company has no current plans for restaking. However, Nansen plans to expand the list of non-custodial staking options, adding support for additional tokens based on user demand and market trends. Maintaining industry-best uptime and security remains a top priority.

Nansen is fully committed to meeting the highest standards on both as a trusted brand in this space.Alex Svanevik, CEO of Nansen

Nansen partners with Aptos and ZachXBT

On July 17, Nansen partnered with the layer-1 blockchain Aptos to offer users onchain analytical tools to bolster the ecosystem’s growth. However, onchain detective ZachXBT recently criticized Aptos’ and Sui’s block explorer capabilities, describing them as 'not great.' He also noted that Aptos Foundation's tools need improvement.

The acquisition of StakeWithUs and Nansen's partnership with Aptos highlight the analytics firm's ambitions to further expand its services and influence in the market.

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