Nansen Staking Platform Hits $1 Billion in TVL
Nansen claims that its staking platform has reached $1 billion in total value locked (TVL) in just four months. That’s a 1,500% increase from the original TVL of $60 million, a truly impressive growth rate.
The news comes from a press release shared exclusively with BeInCrypto.
Nansen saw that the pledge was successful
Nansen, one of the largest analytics companies Breaking important blockchain-related storiesattributes this success to recent acquisitions. Last September, the company acquired top-notch staking service provider StakeWithUs, laying the foundation for the project:
“Since StakeWithUs joined forces with Nansen, we are excited to have reached $1 billion in scale in just 4 months. We have received tremendous feedback from over 70,000 users who are now staking with Nansen. With Nansen in Q2 With the launch of points, users can look forward to rewards from top partners as well as Nansen itself,” said Alex Svanevik, CEO of Nansen.
Founded in 2019, Nansen has had a complicated journey from its startup origins to building this major staking platform. about 4 years ago it Received over $12 million in seed funding The company has grown since its founding by Andreessen Horowitz.
experienced some setbacks, like a security breach and Massive layoffs in 2023but always maintains a good reputation.
In its exclusive press release, the company attributed its popularity to one key factor: token options. Solana staking has become particularly popular Last year, Nansen offered 0% commission on the asset.
It also offers trading of attractive tokens such as ETH and Suiand partnered with HypurrCollective to get it to the top of the list HYPE’s non-hyperliquid validator.
Some rumors suggest that Nansen may leverage his success with cryptocurrency staking into his own token offering. For example, Arkham Intelligence, Another blockchain analytics companylaunched the ARKM token after building a strong reputation. November, Arkham launches US spot trading platformopening a new chapter in corporate operations.
However, Nansen has yet to directly hint at more ambitious goals beyond this staking platform. It mentioned the broader mission of becoming the platform of choice for on-chain investors, but did not elaborate.
Still, 1,500% growth during this period is very impressive. This financial growth will provide strong momentum should Nansen pursue further business investment and expansion.
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