Nansen is preparing to roll out what CEO Alex Svanevik describes as an integrated, agent-powered on-chain trading experience, combining analytics, wallet infrastructure and execution inside a single interface.
In an interview with Yellow.com at Binance blockchain week, he said that the industry is moving toward products rooted in real fundamentals rather than speculative narratives.
Svanevik said the initial surge of AI-themed crypto tokens reflected a familiar pattern where “there’s a tendency to have narratives that precede the actual fundamentals.”
He noted that once AI became mainstream, “people saw the opportunity to create essentially meme coins that are AI themed,” even though “most of them don’t have any actual product.”
As the hype cycle faded, “people realize these are just meme coins,” but he stressed that “the fundamentals of AI products and AI technology obviously are here to stay.”
Looking ahead, he expects real AI-powered crypto applications to emerge.
“I think 2026 will see a lot more products, like actual products that are AI powered,” he said, adding that while early AI tokens collapsed, “for vaporware tokens, I think that narrative is done.”
On analytics, Svanevik emphasized that raw blockchain data “has never had a moat” because it is public. Nansen’s defensibility, he argued, comes from enrichment and accuracy.
“We’ve labeled 500 million addresses,” he said, with each label supported by “evidence backing up why that address was labeled like that.” He contrasted this with competing platforms, saying some have shown “really poor quality assurance.”
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He also dismissed the idea that general AI models can directly read on-chain activity. “They don’t actually have eyes on chain,” he said. “If you want to have eyes on chain, you need to add a layer like Nansen.”
The company’s next phase centers on allowing users to trade directly within the product.
Demonstrating the feature, Svanevik highlighted that users will be able to perform discovery, due diligence and execution in one flow.
The system uses embedded self-custodial wallets, where “you can export the private key,” paired with routing through major aggregators.
He said the goal is to build “one integrated great user experience for traders and investors,” adding, “I’m more keen on being the best on-chain product in the world.”
He also pointed to Nansen’s fee model, stating, “We’re gonna have, for some subscribers, 10 basis points,” which he compared to the higher fees charged elsewhere.
Despite growing competition, Svanevik said the company is not pursuing an acquisition path.
“Definitely not the end game for me to be acquired,” he said, framing Nansen’s strategy around expanding into full-stack on-chain interaction.
He sees broader structural shifts underway across the industry. Many blockchains, he argued, lack traction, and “a bunch of chains are gonna die in the next few years.” He added that analytics remain valuable as fragmentation grows because “it’s now much harder to do yourself.” He also said institutional adoption has lagged because “most TradFi institutions are not very active on-chain,” noting the sector’s slow adjustment cycles.
Svanevik expects the integrated trading experience to enter beta soon.
Once live, he said users will be able to “top it up with a small amount of money just to test it out” and experience “a new way to trade.”
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