Treehouse Acquires Origins Analytics, Strengthening Its Position in the NFT World!
Treehouse, which successfully raised $18 million in their seed funding round in 2021, is now collaborating with Origins Analytics. Origins, which raised $4 million in 2022 and has a strong user community with over 10,000 users, has developed software that utilizes on-chain and off-chain data.
The goal is to enable experienced NFT traders, protocols, and game studios to make data-driven decisions. With this acquisition, the founding team of Origins will join Treehouse. They will bring their expertise and technology into Treehouse's product suite.
Treehouse CEO, Brandon Goh, expressed his company's enthusiasm for moving into NFT analytics. He emphasized that this strategic acquisition demonstrates Treehouse's commitment to their clients, many of whom have NFT exposure.
Treehouse Strengthens NFT Offerings Amid Bear Market Trends
Despite being in the midst of a bearish market trend, Treehouse continues to strive to strengthen their NFT product offerings. This acquisition of Origins Analytics comes at a timely moment, as the crypto market is experiencing a bearish trend and consolidation is increasing. However, Treehouse is undeterred and continues to move forward with their operational expansion.
With support from leading investors and venture capitalists, including Lightspeed, MassMutual, Binance, Mirana, LeadBlock, Jump, GSR, Wintermute, and others, Treehouse is showcasing their potential in the Web3 space.
As the market continues to evolve, Treehouse aims to play a central role in shaping the future of digital asset analytics. With a clear mission to become the “Most Comprehensive Digital Asset Analytics Platform,” strategic acquisitions like Origins Analytics play a crucial role in realizing this vision.
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