Pump.fun acquires wallet tracker Kolscan

The acquisition is Pump.fun’s first, and comes just days before its planned ICO

article-image

wacomka/Shutterstock and Adobe modified by Blockworks

share

Pump.fun announced its first acquisition on Thursday. 

It acquired Kolscan, a wallet tracker that “monitors the activities of top onchain traders. it provides realtime transactions, token PnL, and a leaderboard ranking their performance,” according to a post on X.

Loading Tweet..

Kolscan said that the two will be “able to deliver a better experience and work on totally new projects at the intersection of social media and onchain trading.”

Pump.fun said in its ICO announcement that it plans to “kill Facebook, TikTok and Twitch.”

Read more: Pump.fun plans $1B token sale at $4B valuation: Sources

“For those reasons, we believe that products that provide social insights/tools and gamify the trading experience are key to growing our ecosystem,” pump.fun co-founder Alon Cohen said in a post. He previously teased a pump.fun acquisition. 

The new product could also cause more users to trade tokens on pump.fun’s frontend rather than going to third-party platforms to trade.

Kolscan is pump.fun’s first acquisition and comes just days before its planned ICO, which will take place on Saturday, July 12. 

According to the tokenomics, 33% of PUMP will be sold in the ICO, while 13% was allocated to existing investors. In total, the fully diluted value is around $4 billion. 

Blockworks previously reported that it plans a 25% revenue share with token holders, according to sources.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Unlocked by Template (11).png

Research

Union’s technical design brings measured improvements to crosschain interoperability. By combining a consensus-verified hub with novel constructs like state lenses and ZK proofs for client updates, Union achieves an interoperability protocol that is highly performant, trust-minimized, and scalable.

article-image

Singapore’s largest bank is issuing crypto-linked structured notes on Ethereum, but the tokens will remain permissioned

article-image

Jupiter borrows Fluid’s innovative risk engine

article-image

Exchange says all validators now run in distributed clusters, boosting decentralization and fault tolerance

article-image

Retail FOMO is back, with CEX onboarding and search terms up

article-image

The stablecoin payments processor previously raised from the likes of a16z Crypto and Archetype