The Tie, a cryptocurrency data platform, acquires staking service provider Stakin

According to market news, the crypto data platform The Tie announced the acquisition of staking service provider Stakin through a combination of cash and equity, with the latter managing over $1 billion in delegated assets. This marks The Tie's first acquisition, officially entering the crypto infrastructure space.

Headquartered in Estonia, Stakin operates non-custodial staking services across more than 40 chains, and the team will be fully integrated into The Tie, while the business will continue to operate independently.