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Major Ethereum blockchain analytics platform Nansen continues scaling its operations by buying a cross-chain decentralized finance (DeFi) tracker.Nansen has acquired the multi-chain portfolio tracker Ape Board in an eight-figure deal, the agency introduced to Cointelegraph on May 17.Closing later in May, the acquisition will unite the groups of the 2 platforms, aiming to mix Nansen’s analytics and Ape Board’s portfolio monitoring to offer an all-in-one data service.As a part of the acquisition, 13 workers at Ape Board will be part of Nansen’s crew counting 120 analysts, product managers and engineers to collectively present the “definitive information super-app of Web3.”“Ape Board will become the starting point of a new Nansen Portfolio tracker. It’ll be free to use, and will integrate seamlessly with the rest of Nansen’s features,” a spokesperson for Nansen informed Cointelegraph.Founded in 2019, Nansen was named after scientist and explorer Fridtjof Nansen because the platform is targeted on offering information and evaluation in regards to the Ethereum blockchain. The platform is backed by some distinguished trade buyers like Andreessen Horowitz and Coinbase Ventures. In 2021, Nansen raised $12 million in a Series A funding spherical to construct a blockchain analytics platform for the DeFi sector.Ape Board was an ideal match for Nansen to aspire to its DeFi ambitions. Launched in 2021, Ape Board is designed to offer an aggregator pulling collectively all DeFi investments into one platform. The platform helps 36 blockchains together with Ethereum, Binance Smart Chain, Terra, Solana, Binance Exchange and Polygon in addition to 390 protocols.Related: Robinhood acquires British crypto agency Ziglu to push growth plansWith the brand new acquisition, Nansen goals to pave a path in direction of turning into the go-to data super-app for Web3, a spokesperson for the agency stated, including:“The next 12-18 months will likely mark a consolidation period for crypto. Nansen has a strong war chest, and we plan to continue being aggressive with our growth and build an unrivaled, all-in-one market intelligence platform.”“Obtaining data from the cryptocurrency ecosystem, specifically, DeFi protocols and blockchains is complex and fragmented,” Nansen CEO Alex Svanevik stated. “With this acquisition, we take a big step towards bringing all the market intelligence a trader, institution, or business needs under one roof,” he added.

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Major Ethereum blockchain analytics platform Nansen continues scaling its operations by buying a cross-chain decentralized finance (DeFi) tracker.

Nansen has acquired the multi-chain portfolio tracker Ape Board in an eight-figure deal, the agency introduced to Cointelegraph on May 17.

Closing later in May, the acquisition will unite the groups of the 2 platforms, aiming to mix Nansen’s analytics and Ape Board’s portfolio monitoring to offer an all-in-one data service.

As a part of the acquisition, 13 workers at Ape Board will be part of Nansen’s crew counting 120 analysts, product managers and engineers to collectively present the “definitive information super-app of Web3.”

“Ape Board will become the starting point of a new Nansen Portfolio tracker. It’ll be free to use, and will integrate seamlessly with the rest of Nansen’s features,” a spokesperson for Nansen informed Cointelegraph.

Founded in 2019, Nansen was named after scientist and explorer Fridtjof Nansen because the platform is targeted on offering information and evaluation in regards to the Ethereum blockchain. The platform is backed by some distinguished trade buyers like Andreessen Horowitz and Coinbase Ventures. In 2021, Nansen raised $12 million in a Series A funding spherical to construct a blockchain analytics platform for the DeFi sector.

Ape Board was an ideal match for Nansen to aspire to its DeFi ambitions. Launched in 2021, Ape Board is designed to offer an aggregator pulling collectively all DeFi investments into one platform. The platform helps 36 blockchains together with Ethereum, Binance Smart Chain, Terra, Solana, Binance Exchange and Polygon in addition to 390 protocols.

Related: Robinhood acquires British crypto agency Ziglu to push growth plans

With the brand new acquisition, Nansen goals to pave a path in direction of turning into the go-to data super-app for Web3, a spokesperson for the agency stated, including:

“The next 12-18 months will likely mark a consolidation period for crypto. Nansen has a strong war chest, and we plan to continue being aggressive with our growth and build an unrivaled, all-in-one market intelligence platform.”

“Obtaining data from the cryptocurrency ecosystem, specifically, DeFi protocols and blockchains is complex and fragmented,” Nansen CEO Alex Svanevik stated. “With this acquisition, we take a big step towards bringing all the market intelligence a trader, institution, or business needs under one roof,” he added.

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Central financial institution governors and finance ministers from the Group of Seven, or G7, are reportedly planning to debate the regulation of cryptocurrencies.According to a Tuesday report from Reuters, Bank of France Governor François Villeroy de Galhau mentioned representatives from the United States, Canada, Japan, Germany, France, Italy, and the United Kingdom will doubtless communicate on points associated to a regulatory framework for cryptocurrencies at a gathering in Germany’s cities of Bonn and Königswinter beginning on Wednesday. Villeroy reportedly mentioned that the current crypto market volatility — doubtless referring to some stablecoins depegging from the U.S. greenback and costs of main tokens dropping — had been a “wake-up call” for world regulators. “Europe paved the way with MiCA,” mentioned Villeroy at an rising markets convention in Paris, referring to the European parliament’s laws geared toward forming a regulatory framework on crypto. “We will probably […] discuss these issues among many others at the G7 meeting in Germany this week.”The Bank of France governor added in a speech to the Emerging Market Forum in Paris on Tuesday:“Crypto assets could disrupt the International Financial System if they are not regulated, overseen and interoperable in a consistent and appropriate manner across jurisdictions.”According to the G7 web site, finance ministers and central financial institution governors will meet in Germany from May 18-20 to debate insurance policies associated to member nations’ restoration and monetary stability because of the COVID-19 pandemic, “shaping the upcoming transformation processes in the context of digitalisation and climate neutrality,” and enterprise coverage on the International Monetary Fund. The group issued tips across the attainable rollout of central financial institution digital currencies in 2021, and reportedly warned that sure stablecoins may threaten the worldwide monetary system in 2019.Related: Bank of Japan official requires G7 nations to undertake frequent crypto lawsVilleroy has beforehand urged EU officers to develop a regulatory framework given crypto’s rising position in regional markets, saying they solely had “one or two years” to behave. Prior to his election victory in France, Emmanuel Macron mentioned he supported the European parliament’s current efforts to control crypto — together with MiCA — including that any guidelines shouldn’t hinder innovation.

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