The Tie, a cryptocurrency data platform, acquires staking service provider Stakin, entering the cryptocurrency infrastructure sector

The encrypted data and institutional services platform The Tie has acquired the staking service provider Stakin, marking its first acquisition and officially entering the cryptocurrency infrastructure sector.

Stakin manages assets exceeding $1 billion and operates non-custodial staking infrastructure across more than 40 blockchain networks. The transaction was paid in cash and equity, with the specific amount undisclosed. All 15 employees of Stakin will join The Tie but will continue to operate independently. The Tie plans to gradually expand its infrastructure services in the future, building on its staking business to include decentralized bridging, oracle, and RPC services.