Nansen purchased the staking service provider StakeWithUs, allowing customers to stake assets directly on the blockchain.
In order to enable direct cryptocurrency staking through its platform, Nansen, a blockchain analytics platform, purchased StakeWithUs, a provider of non-custodial staking for more than 20 assets.
Chief executive Alex Svanevik of Nansen stated in a news statement on September 10 that the agreement will give the company’s users a “streamlined staking experience,” reaffirming Nansen’s dedication to helping onchain investors.
StakeWithUs is a staking service in Singapore and is supported by SGInnovate, the government’s innovation platform. It provides services for several blockchain networks, including Ethereum, Solana, and Celestia.
According to the press release, Nansen intends to combine tools for investors so they may evaluate token performance while staking on the same platform.
The company now offers analytics for more than 20 blockchains. With the acquisition, Nansen will also serve as a layer-1 network validator for emerging blockchains like Berachain.
As part of the transaction, Nansen declared the opening of its NSN Points Program, a loyalty program that will reward platform users for actions such as subscribing and staking and begin in 2025.
According to Nansen, the points can be exchanged for various benefits, such as special insights, premium features, and more.