Merger to create financial data super-app for new era

The grouping of Nansen, a blockchain analytics platform, Ape Board, a decentralised finance (DeFi) portfolio management dashboard, and the portfolio companies of SCB 10X, the venture investment arm of SCBX Group, are merging to become a data analysis super-app for Web 3.0.

SCB 10X is moving towards its goal of creating long-term value by investing in high-potential tech startups in an undertaking called “Moonshot Mission”, said Mukaya Panich, chief venture and investment officer at SCB 10X.

The group has invested in Nansen’s Series B round and Ape Board’s seed round, allowing the former to acquire the latter.

Ms Mukaya said the merger will help Nansen become the go-to information app for Web 3.0, which is the next era of the internet that will integrate more digital assets…