Nansen claimed that its staking platform had reached $1 billion in complete worth locked (TVL) in simply 4 months. This represents a 1,500% improve from the preliminary TVL of $60 million, a very spectacular development price.
This information comes from a press launch shared solely with BeInCrypto.
Nansen sees success within the recreation
Nansen, one of many largest analytics corporations to interrupt main blockchain-related tales, attributes this success to a current acquisition. Final September, the corporate acquired main service supplier StakeWithUs, which laid the muse for this mission:
“We’re thrilled to have reached $1 billion in simply 4 months since StakeWithUs joined forces with Nansen. We have acquired lots of nice suggestions from the greater than 70,000 customers who now use Nansen. With the launch of Nansen Factors within the second quarter, customers can count on rewards from high companions and from Nansen itself,” stated Alex Svanevik, CEO of Nansen.
Based in 2019, Nansen has had an advanced journey from its start-up to constructing this main staking platform. Almost 4 years in the past, it acquired greater than $12 million in seed funding from Andreessen Horowitz, and the corporate has been rising ever since.
The corporate confronted some setbacks, equivalent to a safety breach and important layoffs in 2023, however maintained a robust popularity all through.
In its unique press launch, the corporate attributes its reputation right here to 1 key issue: token choices. Solana staking has grow to be notably in style up to now yr and Nansen gives 0% fee charges on this asset.
It additionally gives enticing offers on tokens like ETH and SUI, and a partnership with HypurrCollective made it one of the best non-Hyperliquid validator for HYPE.

Complete worth of property deployed on Nansen. Supply: Nansen
There are some rumors floating round that Nansen might parlay this success in cryptocurrency deployment into its personal token launch. For instance, Arkham Intelligence, one other blockchain analytics firm, launched its ARKM token after constructing a robust popularity. In November, Arkham launched a US spot buying and selling platform, opening a brand new chapter in its enterprise.
For now, nonetheless, Nansen has indirectly referenced extra formidable targets past this deployment platform. It hinted at a broader mission to grow to be the go-to platform for on-chain traders, however didn’t go into specifics.
However, this era of 1,500% development is extraordinarily spectacular. As Nansen pursues additional enterprise ventures and expansions, this monetary development will present robust momentum.