Singapore-based Web3 information agency Treehouse acquired NFT analytics platform Origins to develop its NFT product providing.
Treehouse introduced at present the mental property acquisition of Origins Analytics, which presents NFT-related information evaluation utilizing each on-chain and off-chain information.
As a part of the acquisition, the founding crew of Origins, which raised $4 million final 12 months, will be a part of Treehouse to supply companies 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, Bounce, GSR and Wintermute. The agency mentioned it’s at present assessing the opportunity of extra mergers and acquisitions.
“Treehouse is worked up to make this transfer into NFT analytics,” Brandon Goh, chief government officer of Treehouse, mentioned within the assertion. “Regardless of the bear market, Treehouse is increasing and is actively trying to purchase synergetic companies.”
