Treehouse, a prominent Web3 company specializing in translating digital assets data into actionable insights for professional investors and institutions, has announced its acquisition of Origins Analytics' intellectual property (IP) to strengthen its non-fungible token (NFT) product offerings.

Origins Analytics, an enterprise-level NFT analytics platform that raised US$4 million in 2022, brings a community of over 10,000 users. Their software harnesses both on- and off-chain data to empower seasoned NFT traders, protocols, and game studios in making informed decisions.

Treehouse's acquisition of Origins signifies the integration of Origins' technology, including tools like AlphaStream, NFT Analytics Bots, and NFT Wallet Profiling API, into Treehouse's suite of products. These tools will provide users of Treehouse's flagship product, Hyperion, with enhanced analytics, enabling a deeper understanding of NFT trading volumes, social sentiment, and holder behavior for more informed trading and collecting choices.

Amidst a bear market and industry consolidation, this acquisition underscores Treehouse's dedication to Web3 analytics. With a robust financial standing and recent seed funding of US$18 million, the company is actively seeking mergers and acquisitions (M&A) opportunities, aiming to be the foremost digital asset analytics platform.

Brandon Goh, Treehouse's CEO, highlights the strategic value of this acquisition, expressing the company's commitment to their clients' NFT interests. The move is seen as a pivotal step in broadening the company's service to the larger NFT community.

Noteworthy supporters of Treehouse's mission include Mirana Ventures, expressing confidence in the synergy between Treehouse's Hyperion and Origins, foreseeing a significant impact on the industry's analytics landscape.

Treehouse, headquartered in Singapore, is backed by a host of traditional VC and Web3 firms, offering Hyperion as a robust portfolio management and market intelligence platform. It's distinguished by its array of portfolio widgets and analytical tools that empower institutional investors and professional traders in managing their digital assets effectively.

More Information : https://www.techdogs.com/tech-news/pr-newswire/treehouse-acquires-origins-to-expand-into-nft-analytics