Web3 firm Treehouse acquires Origins to expand NFT data offering
Singapore-based Web3 information agency Treehouse acquired NFT analytics platform Origins to develop its NFT product providing.
Treehouse introduced as we speak the mental property acquisition of Origins Analytics, which gives NFT-related information evaluation utilizing each on-chain and off-chain information.
As a part of the acquisition, the founding group of Origins, which raised $4 million final yr, will be part of Treehouse to supply providers together with an algorithmically tagged NFT pockets notification system, NFT analytics bots and NFT pockets profiling API.
Treehouse didn’t disclose the dimensions of the acquisition deal.
In 2021, Treehouse raised $18 million in a seed spherical from traders together with Lightspeed, MassMutual, Binance, Mirana, LeadBlock, Soar, GSR and Wintermute. The agency stated it’s at the moment assessing the potential for extra mergers and acquisitions.
“Treehouse is happy to make this transfer into NFT analytics,” Brandon Goh, chief govt officer of Treehouse, stated within the assertion. “Regardless of the bear market, Treehouse is increasing and is actively trying to purchase synergetic companies.”
