Treehouse from Singapore Strengthens Its NFT Analytics Skills By Acquiring Origins Analytics

Singapore-based Web3 data firm Treehouse Treehouse is making notable strides in the cryptocurrency and blockchain industry by strategically acquiring Origins Analytics, a top-tier enterprise-level NFT analytics service. NFT analytics platform.

With this acquisition, the talented team behind Origins is joining Treehouse, contributing their experience and advanced technology to enhance Treehouse’s product offerings.

In a statement about the acquisition, Treehouse’s CEO, Brandon Goh, expressed the company's enthusiasm about venturing into NFT analytics, indicating that this acquisition reinforces their dedication to their clients, many of whom are deeply involved in NFTs.

Goh remarked, 'Our team is preparing to incorporate the Origins system into our flagship product, Hyperion. We are confident that its technology matches our users' requirements and will significantly benefit the broader NFT community. Even amidst the current market downturn, Treehouse is on a growth path and actively seeking synergistic partnerships.'

Origins Analytics, which successfully secured $4 million in funding in 2022 and boasts a vibrant community of over 10,000 active users, developed innovative software that harnesses both on-chain and off-chain data. This allows seasoned NFT traders, development protocols, and gaming studios to make well-informed trading decisions.

Such advanced technology is highly valued, especially in a marketplace where trading volumes, public sentiment, and buyer behavior significantly influence success.

The collaboration is set to offer clients access to sought-after solutions, including NFT analytics tools , including:

• AlphaStream: A live NFT wallet notification system powered by algorithms.
• NFT Analytics Bots: Tools providing command-based analytics for the NFT market.
• NFT Wallet Profiling API: An interface that allows detailed analysis of NFT trading patterns and collector behaviors.

These new tools will enable Hyperion users to obtain deeper insights into critical factors like trading volumes, market sentiment, and collector behavior, further emphasizing Treehouse’s dedication to delivering thorough Web3 analytics to its clientele.

Strengthening NFTs in a Bear Market

In an effort to enhance its NFT offerings, Treehouse is intensifying its efforts during this challenging market landscape. The acquisition of Origins Analytics is particularly timely as the market faces a downturn and consolidation is becoming more prevalent. cryptocurrency market Despite these tough times, Treehouse persists with its expansion plans. The company’s solid financial standing, bolstered by an earlier seed funding round that garnered $18 million in 2021, strategically positions it for further growth.

Treehouse is eager to explore the rapidly evolving field of NFT analytics.

Care from notable investors and venture capitalists like Lightspeed, MassMutual, Binance, Mirana, LeadBlock, Jump, and GSR speaks volumes about Treehouse’s potential in the Web3 space.

With a compelling mission to be recognized as 'The Most Comprehensive Digital Asset Analytics Platform,' acquisitions like that of Origins Analytics are vital to fulfilling this aim.

David Toh, a partner at Mirana Ventures, shared his enthusiasm for Treehouse’s vision: 'We're proud to support Treehouse as they aim to establish a foundation for deep analytics suited for the future of a connected, interoperable Web3 ecosystem. The synergy between Treehouse’s flagship platform, Hyperion, and Origins’ technology could revolutionize the industry.'

As the market continues to shift, Treehouse aims to be a pivotal player in the evolution of digital asset analytics.

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