Odaily Planet News: The Tie, a crypto data and institutional service platform, has acquired staking service provider Stakin in its first acquisition, marking its official entry into the crypto infrastructure sector. Stakin manages over $1 billion in assets and operates non-custodial staking infrastructure across more than 40 blockchain networks. The transaction was paid in cash and equity, with the exact amount undisclosed. All 15 Stakin employees will join The Tie but will maintain independent operations. The Tie plans to gradually expand into infrastructure services such as decentralized bridging, oracles, and RPC services, building upon its staking business.
The Tie Acquires Stakin to Enter the Crypto Infrastructure Space
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Summary
The Tie, a crypto data and institutional services platform, has acquired staking provider Stakin, marking its first acquisition and a strategic step into crypto infrastructure. Stakin manages over $1 billion in assets and operates non-custodial staking across more than 40 blockchains. The Tie paid for the acquisition in cash and equity, with the specific terms remaining undisclosed. All 15 Stakin employees will join The Tie but will maintain independent operations. The Tie plans to expand into bridging, oracles, and RPC services. This move brings new crypto news and highlights The Tie's evolving strategy in the crypto space today.
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