Singapore-based Web3 company transforming digital assets data into actionable insights for professional investors and institutions, Treehouse acquired the intellectual property (IP) of Origins Analytics to bolster its non-fungible token (NFT) product offering. The company announced the acquisition on November 3, 2023. However, it did not disclose the amount of the acquisition.
Purpose of the deal by Treehouse
As a part of the deal, Origins’ founding team will join Treehouse. The latter seeks to integrate Origins’ technology into its product suite, offering its clients access to popular tools such as AlphaStream, A live algorithmically tagged NFT wallet notification system; NFT Analytics Bots, Command-based generated NFT market analytics; NFT Wallet, a Profiling Application Programming Interface (API). The tools further help Hyperion users understand and analyze NFT trading volumes, social sentiment, holder behaviour, and more to make better NFT trading as well as collector decisions.
What the Treehouse CEO has to add
Brandon Goh, CEO of Treehouse, said, “Treehouse is excited to make this move into NFT analytics. This strategic acquisition underscores our commitment to our clients, many of whom have NFT exposures. Our team is gearing up to integrate Origins’ system into our flagship product, Hyperion, confident that its technology aligns with our users’ needs and paves the way for us to serve the wider NFT community. Despite the bear market, Treehouse is expanding and is actively looking to acquire synergetic businesses.”
David Toh, Partner at Mirana Ventures and investor in Treehouse, further said, “We are proud to support Treehouse in their mission to lay the foundation for deep analytics for the future of a connected, interoperable, and increasingly complex Web3 ecosystem. The combination of Treehouse’s flagship platform, Hyperion, and Origins’ will be game-changing for the industry.”
In 2011, Alan Johnson and Ryan Carson launched the company. Treehouse is a digital assets data firm. The company focuses on institutional-grade portfolio, protocol, and market analytics. The company has headquarters in Singapore. Traditional VC and Web3 firms such as Mirana Ventures, Lightspeed, MassMutual Ventures, Binance, LeadBlock Partners, Global Founders Capital, Jump Capital, Wintermute, GSR, Coinhako, Bitpanda, Pintu, AlphaLab Capital, Pulsar Trading, Portofino, senior executives from the SoftBank Vision Fund, and more back the company.
The company’s flagship product, Hyperion, is the most comprehensive portfolio management and markets intelligence platform. It offers institutional investors and professional traders with full control of their digital assets. It further features a selection of more than 30 portfolio and market widgets for personalized dashboard visualizat
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