SonarX Acquires Flipside Crypto's Data Unit to Create the Largest Blockchain Dataset
Boston, Thursday, 21 May 2026.
SonarX has acquired Flipside Crypto’s data business, creating the industry’s largest dataset with over seven trillion rows of information to power institutional blockchain analytics.
Consolidating the Data Layer
The transaction, which closed immediately on May 21, 2026, marks a definitive consolidation in the digital asset data sector [1]. By absorbing Flipside Crypto’s infrastructure—which was meticulously built over the past eight years—SonarX now presides over a combined platform encompassing more than 700 million wallet identities, over seven trillion rows of indexed data, and upward of 1,000 decoded protocols [1][2][4]. This integration effectively creates the most expansive curated on-chain dataset ever assembled in the cryptocurrency sector [2].
Powering Institutional and AI Ecosystems
The demand for high-fidelity blockchain data has surged as traditional finance intersects with decentralized networks [GPT]. SonarX’s infrastructure currently supports a diverse roster of enterprise clients, including traditional finance firms, Big 4 audit companies, hedge funds, and platforms dedicated to risk and compliance [2]. The company’s data layer also serves as the backbone for major technological partnerships; Amazon Web Services (AWS) utilizes SonarX to power its public on-chain datasets, while decentralized exchange platform Hyperliquid relies on the firm to deliver HIP-3 public data [2].
Flipside’s Strategic Pivot to Edisyl
For Flipside Crypto, founded in 2017 and notable for holding the industry’s first patent for cryptocurrency asset scoring, the sale of its data business signals a total strategic realignment [1]. Following the divestiture in 2026, the company is committing fully to its enterprise AI platform, edisyl [1][4][6]. This transition leverages the firm’s eight years of experience in blockchain data infrastructure to address broader enterprise AI challenges [4].