On-Chain Data Service Provider The Tie Announces Completion of Acquisition of Stakin, a Staking Infrastructure Provider. The deal was a hybrid cash and equity transaction funded by The Tie's own on-balance-sheet assets and operating profits.

The acquired company, Stakin, has a notable presence in the staking sector — managing over $1 billion in delegated staking assets and holding a significant market share in the field. What does this acquisition mean for The Tie? First, it immediately gains a substantial staking user base; second, it fills its gaps in staking services.

From a broader environmental perspective, as more institutions and retail investors participate in staking and mining, the demand for professional staking tools continues to rise. This type of acquisition also reflects the accelerating consolidation in the Web3 infrastructure sector — leading players expanding their ecosystems through mergers and acquisitions has become a trend.