Nansen Expands into Investment Sector with Acquisition of StakeWithUs

In a major move, blockchain data provider Nansen has expanded into the investment sector, catering to institutions and retail traders, with the acquisition of Singaporean leading staking platform StakeWithUs for a seven-figure sum. This acquisition, facilitated through public offerings under the Singapore government’s flagship innovation project SGinnovate, marks a significant milestone for Nansen in the blockchain data and investment services industry.

Non-Custodial Staking Services for Over 20 Assets

The acquisition of StakeWithUs will enable Nansen to offer non-custodial staking services for over 20 assets, including Solana (SOL), Sui (SUI), Osmosis (OSMO), and Cosmos (ATOM). This will reinforce Nansen’s position as a strong player in the blockchain data and investment services industry, providing a unified investment service to institutional and retail traders who are increasingly seeking secure and reliable staking solutions.

Inclusion of Berachain: A New Layer 1 System

As part of the acquisition, Nansen will also integrate Berachain, a new layer 1 system compatible with the Ethereum Virtual Machine (EVM), into its platform. Berachain has been gaining popularity in the blockchain community, and its inclusion will provide a flexible and scalable solution for integrating blockchain technology.

The Importance of Staking in Decentralized Networks

Staking has become an essential aspect of decentralized networks, allowing users to participate in the validation process and earn rewards in the form of tokens. Nansen’s expansion into staking services coincides with a time when institutions and retail traders are seeking secure and reliable ways to engage in cryptocurrency trading.

Benefits of Non-Custodial Staking Approach

Nansen’s non-custodial staking approach will enable users to have more control over their assets, providing a secure and reliable solution for institutions and retail traders.

For more insights and information on the intersection of blockchain technology and investment services, check out this article on CoinSeeks.com.

A Major Leap Forward for Nansen

The acquisition of StakeWithUs represents a major leap forward for Nansen, expanding its offering of investment services to institutions and retail traders across all verticals. The integration of Berachain into Nansen’s platform and the inclusion of non-custodial staking services for over 20 assets are expected to drive growth and adoption in the near future.