3 years ago
Jamie Crawley is simply a CoinDesk quality newsman based successful London.
On-chain information level Nansen said it bought decentralized concern (DeFi) portfolio tracker Ape Board for an "eight-figure" sum.
Ape Board lists implicit 375 protocols crossed 33 blockchains, including Ethereum, Binance Smart Chain, Avalanche, Solana and Polygon.
Terms of the woody were not disclosed. A Nansen spokesperson told CoinDesk the magnitude paid is successful "eight figures," putting it upward of $10 million.
With the acquisition, Nansen volition beryllium aiming to connection a broader presumption of the concern scenery successful DeFi, which has surged successful the past year. While full worth locked (TVL) successful DeFi protocols has tumbled astir 40% to $113 cardinal since the commencement of the month, it's inactive six times higher than astatine the commencement of 2021, according to tracking work DeFiLlama.
Nansen volition grow its level to incorporated portfolio tracking, programmatic entree to on-chain information and Web 3-native communication, according to an announcement Tuesday.
The 2 firms accidental Ape Board's multichain sum volition supply traders with a holistic presumption of the marketplace that does not necessitate them to usage aggregate platforms to way their holdings and analyse the market.
Nansen plans to harvester its analytics with Ape Board's portfolio tracking to marque for an "all-in-one ace app," the spokesperson told CoinDesk.
Ape Board's founder, Mike Phulsuksombati, said the acquisition volition "supercharge" some products. "It volition bring some products to different level that cannot beryllium reached with conscionable 1 work alone," helium said.
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Jamie Crawley is simply a CoinDesk quality newsman based successful London.
Jamie Crawley is simply a CoinDesk quality newsman based successful London.
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