SonarX buys Flipside Crypto data business to build biggest on-chain dataset

By AI, Created 9:00 PM UTC, May 21, 2026, /AGP/ – SonarX said Wednesday it has acquired Flipside Crypto’s blockchain data business, combining two major on-chain data platforms and creating what it calls the industry’s largest curated blockchain dataset. The deal immediately expands SonarX’s institutional crypto reach across more than 130 chains and a dataset covering 700 million wallets and 7 trillion rows of indexed data.

Why it matters: - The deal gives SonarX a larger position in institutional blockchain infrastructure as crypto firms and financial institutions push more AI and automation onto on-chain data. - The combined platform now claims the most comprehensive curated blockchain dataset in the industry, which can affect data quality for analytics, compliance, tax, audit and AI products. - SonarX also strengthens its role as a data layer for institutional crypto customers, including TradFi firms, exchanges and asset managers.

What happened: - SonarX acquired Flipside Crypto’s blockchain data business on May 21, 2026. - The transaction closed immediately. - Financial terms were not disclosed. - The acquisition joins two established on-chain data platforms. - SonarX said all Flipside data customers will move to SonarX infrastructure with no interruption in service.

The details: - SonarX says the combined dataset spans 700 million wallets, 7 trillion rows of indexed data and more than 1,000 decoded protocols. - SonarX has expanded from eight supported blockchains four years ago to more than 130 today. - The company serves financial institutions, Big 4 audit firms, hedge funds, risk and compliance platforms, crypto tax and accounting providers, on-chain analytics platforms and AI agent builders. - Flipside’s data business was built over the past eight years. - Flipside says its blockchain data infrastructure covered more than 40 blockchains, 700 million resolved wallet identities and seven trillion rows of curated data. - Flipside says it held the first-ever patent for crypto asset scoring. - SonarX says its platform includes decoded smart contracts, real-time and historical data, and SOC-compliant delivery. - SonarX said AWS partners with the company to power public on-chain datasets. - Hyperliquid selected SonarX to deliver HIP-3 public data globally. - The combined customer base now includes leading TradFi institutions, exchanges, asset managers, audit firms and emerging AI infrastructure builders. - SonarX is headquartered in Irvine, California. - Learn more at SonarX. - Flipside Crypto, founded in 2017, said it will operate exclusively as edisyl, its enterprise AI platform, after the sale. - More information is available at Flipside Crypto and edisyl. - Media contact: Flipside Crypto / Edisyl, press@edisyl.com.

Between the lines: - SonarX is betting that the next competitive edge in crypto will come from the quality of underlying data, not just the AI products built on top of it. - The acquisition also suggests consolidation in on-chain data infrastructure, where scale, coverage and curation are becoming key differentiators. - Flipside’s shift to an enterprise AI focus points to a strategic split between data infrastructure and AI application layers.

What’s next: - Flipside data customers will be transitioned onto SonarX infrastructure. - SonarX said coverage will expand across its more than 130 supported chains. - The company is likely to use the larger dataset to deepen offerings for institutions building analytics, compliance and AI tools.

The bottom line: - SonarX just turned a major data acquisition into a scale play for institutional crypto, AI and on-chain analytics.