Pump.fun Acquires Kolscan Wallet Tracker in Strategic Move Before Major ICO

• Pump.fun bought Kolscan wallet tracker and will make its services free for all users.

• The company plans a $600 million token sale on July 12 with tokens priced at $0.004 each.

• This acquisition combines social trading tools with wallet analytics to compete with major social media platforms.

Pump.fun, the Solana-based memecoin launchpad, has announced its acquisition of Kolscan, a wallet tracking platform, positioning itself for enhanced market capabilities ahead of its planned $600 million public token sale on July 12.

The acquisition represents Pump.fun’s effort to integrate advanced analytics and social trading features into its ecosystem. According to the company’s announcement, this strategic move aims to transform the on-chain trading landscape by combining Kolscan’s wallet tracking capabilities with Pump.fun’s existing social trading infrastructure.

Strategic Integration to Enhance Trading Experience

The partnership brings together Kolscan’s analytics tools with Pump.fun’s memecoin launchpad services, creating what the company describes as a more comprehensive trading environment. Co-founder Alon Cohen emphasized the importance of social insights in trading success, noting that investment outcomes often depend on participant behavior, timing, and conviction levels.

“Products that provide social insights and gamify the trading experience are key to growing our ecosystem,” Cohen stated. The acquisition allows Pump.fun to offer enhanced transparency, copy-trading features, and detailed wallet tracking capabilities to its user base.

As part of the deal, Kolscan’s services will become free for users, expanding access to previously premium analytics features. The platform had attracted tens of thousands of users before the acquisition announcement, indicating strong market demand for wallet tracking tools.

$600 Million ICO Launch Scheduled

The timing of the acquisition aligns with Pump.fun’s upcoming initial coin offering, scheduled for July 12. The ICO plans to raise $1.32 billion by selling 330 billion PUMP tokens, representing 33% of the total 1 trillion token supply. Each token is priced at $0.004.

The token sale has generated significant attention from major cryptocurrency exchanges. Gate.io and Bitget have reportedly leaked information about the potential offering, while Bybit briefly announced the details of the $600 million token sale before removing the information.

Pump.fun’s ambitious ICO comes amid the platform’s broader goals to compete with established social media giants. The company intends to challenge Facebook, TikTok, and Twitch by building what it describes as “crypto’s social media platform that can scale to the billions.”

The acquisition positions Pump.fun to compete more effectively in the decentralized finance space by offering integrated analytics and social trading features. The combination of Kolscan’s established user base and Pump.fun’s memecoin launchpad creates a unified token creation and investment analysis platform.