Wanchain
Wanchain is a Singapore-based blockchain interoperability network that builds decentralized, non-custodial cross-chain bridges connecting 40+ blockchain ecosystems, serving DeFi developers, protocols, and asset managers via self-serve bridge, staking, and DeFi tools.
- Company typePrivate
- Founded2017
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Wanchain does
Wanchain is a Singapore-based blockchain interoperability infrastructure provider that operates the Wanchain Foundation, founded in 2017. The company builds fully decentralized, non-custodial direct bridges that connect more than 40 siloed blockchain networks, including Bitcoin, Ethereum, XRP, Cardano, Polygon, Arbitrum, Moonbeam, BSC, Avalanche, Polkadot, and Solana. Its core technology relies on Secure Multiparty Computation and Shamir's Secret Sharing cryptography for bridge security, a proprietary Galaxy Consensus Proof of Stake algorithm, and a permissionless network of storeman bridge nodes that are rotated and re-elected monthly.
The company's product portfolio centers on the Wanchain Bridge for token and NFT transfers using a lock-mint-burn-unlock mechanism, Canonical Asset Bridges for native-to-native cross-chain asset transformations, and supporting tools including XFlows for cross-chain token transfers, XStake for staking xWAN to earn BTC/ETH/USDT/USDC yields, WanSwap (a DEX), WanLend (a lending protocol), WanWallet, and Wanscan (a blockchain explorer). The platform is fully EVM-compatible, enabling Solidity-based cross-chain dApp development. Wanchain generates revenue through fees on cross-chain bridge transactions and has facilitated over $130 million in total transfer volume connecting Cardano to the wider crypto ecosystem, with $80 million+ in net capital inflows to Cardano through bridging operations. Its go-to-market is product-led growth via self-serve web interfaces targeting DeFi developers, protocols, and cross-chain asset managers globally. Recent strategic activity includes an $8 million funding round from BIP32 Ventures in February 2025 and integration with Ripple's RLUSD stablecoin via Wormhole's Native Token Transfers framework in 2026, signaling intent to capture institutional stablecoin and tokenization use cases.
Wanchain firmographics
Firmographics- Name
- Wanchain
- Legal name
- Wanchain Foundation
- Website
- https://wanchain.org
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Wanchain is a Singapore-based blockchain interoperability network that builds decentralized, non-custodial cross-chain bridges connecting 40+ blockchain ecosystems, serving DeFi developers, protocols, and asset managers via self-serve bridge, staking, and DeFi tools.
- Ownership category
- akta.pro rank
Wanchain industry classification
Industry- Product category
- Blockchain Interoperability Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Token Bridges & Asset Wrapping (lock/mint, burn/mint, canonical bridges) (FSAPAKAB)
- akta.pro secondary industries
- Cross-Chain / Bridge Validator Networks & Relayers (FSADAKAF), Liquidity Bridges & Cross-Chain Swaps (bridge aggregators, intent-based swaps) (FSAPAKAC), Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps) (FSAGAMAI)
Keywords
Where Wanchain is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
Wanchain business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Bridge Transaction Fees: Wanchain generates revenue through fees charged for cross-chain bridge transactions. The platform facilitates transfers across multiple blockchain ecosystems including Ethereum, Cardano, XRP, and many others, with fees typically associated with the bridging operations.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Wanchain product offering
Product offeringCore offering
Wanchain operates a decentralized blockchain interoperability network that builds fully decentralized direct bridges connecting siloed blockchain networks such as Bitcoin, Ethereum, Cardano, XRP, Polygon, Arbitrum, BSC, Avalanche, Polkadot, and Solana. The platform enables token, NFT, and canonical asset transfers across chains using a lock-mint-burn-unlock mechanism secured by Secure Multiparty Computation and Shamir's Secret Sharing cryptography, with permissionless storeman nodes rotated monthly.
Product overview
Wanchain is a decentralised blockchain interoperability network that provides cross-chain solutions through a portfolio of connected products. The core offering includes the Wanchain Bridge, XFlows, and Canonical Asset Bridges that enable token and NFT transfers across multiple blockchain networks. Supporting infrastructure includes XStake for staking with yield rewards, the WanSwap DEX, WanLend lending platform, and WanWallet for asset management. All operations are secured by Wanchain's Galaxy Consensus PoS mechanism and utilise decentralised, non-custodial bridge nodes with Secure Multiparty Computation and Shamir's Secret Sharing cryptography. The network is fully EVM compatible, connecting over 50 blockchain ecosystems including Bitcoin, Ethereum, Cardano, XRP, Solana, and many Layer 2 networks.
Differentiator
Problem solved
Functional benefit
Brands
- Wanchain Bridge: A decentralised bridge solution for cross-chain asset transfers using the lock-mint-burn-unlock mechanism.
- XFlows
- XStake
- WanWallet
- WASP
- WanLend
- WanSwap
Products and services
- Wanchain Bridge Wanchain's flagship cross-chain bridge enabling direct token transfers between blockchain networks using a lock-mint-burn-unlock mechanism without intermediaries or relay networks, targeting DeFi developers and protocols.
- XFlows A cross-chain token transfer product within the Wanchain ecosystem that enables seamless movement of assets across connected blockchain networks for end users.
- XStake Staking platform allowing users to stake xWAN tokens and earn yields denominated in BTC, ETH, USDT, and USDC; nodes are permissionless, decentralized, and non-custodial.
- Canonical Asset Bridges Decentralized cross-chain solution enabling native-to-native transformations for assets that exist natively on multiple chains, providing easy non-custodial transformations without centralized exchanges.
- NFT Bridges Bridge for transferring NFTs across chains using lock-mint-burn-unlock mechanism where original NFTs are locked on the source chain before duplicates are minted on the destination chain, with NFT IDs and attributes preserved.
- WanSwap Decentralized exchange (DEX) built on Wanchain enabling DeFi trading and liquidity provision.
- WanLend Lending and borrowing platform on Wanchain offering passive yield generation through mtTokens.
- WanWallet Official cryptocurrency wallet supporting Wanchain and connected blockchain assets.
- Wanscan Official blockchain explorer for Wanchain transactions and network activity.
Quantifiable outcome
- $130M+ in total Cardano-to-crypto ecosystem transfer volume
- +1 more outcomes
Companies that use Wanchain
Customer profileSegments2 records
Ideal customer profiles2 records
Wanchain technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Wanchain partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- RipplecoreWanchain integrated Ripple's RLUSD stablecoin into its bridge architecture, enabling transfers across XRPL, Ethereum, Cardano, and Wanchain networks. This integration expanded RLUSD's multichain reach through Wormhole's Native Token Transfers framework.
- WormholecoreWanchain leverages Wormhole's Native Token Transfers (NTT) framework for RLUSD integration, enabling native stablecoin transfers across multiple blockchain ecosystems.
Scale indicators4 records
Recent moves5 records
Expansion highlights3 records
Wanchain competitors and assessment
Company assessmentBroad incumbents
- Cosmos IBC: Cosmos Inter-Blockchain Communication (IBC) is the canonical interoperability protocol for the Cosmos ecosystem. While ecosystem-specific, it competes with Wanchain's chain-bridging proposition for assets moving between sovereign app-chains.
- Chainlink CCIP: Chainlink's Cross-Chain Interoperability Protocol (CCIP) is a broad-incumbent bridge and messaging service backed by the largest oracle network. It competes with Wanchain for institutional token transfer and tokenization use cases at a much larger scale.
Direct peers
- deBridge: deBridge is a cross-chain interoperability protocol focused on instant, low-slippage asset transfers and cross-chain messaging. It is a direct peer competing for the same DeFi and arbitrage bridging volume as Wanchain.
- Wormhole: Wormhole is the leading generic cross-chain messaging and token bridge protocol. It competes directly with Wanchain in token bridging across EVM and non-EVM chains and is even referenced as a technology partner (Native Token Transfers framework) in Wanchain's RLUSD integration.
- LayerZero: LayerZero is an omnichain interoperability protocol for cross-chain messaging and asset transfers. It directly competes with Wanchain's bridge and XFlows offerings, targeting DeFi developers and applications that need lightweight cross-chain infrastructure.
- Axelar Network: Axelar is a decentralized interoperability network connecting blockchains via its consensus-based gateway architecture. It is a direct competitor to Wanchain's storeman-node model and competes for institutional and developer cross-chain volume.
- Stargate Finance: Stargate is a LayerZero-based cross-chain liquidity bridge for native asset transfers. It is a direct competitor to Wanchain's token and canonical asset bridges, particularly in stablecoin and liquidity-routing use cases.
- Synapse Protocol: Synapse is a cross-chain bridge and liquidity network supporting token transfers across EVM and non-EVM chains. It directly competes with Wanchain's bridge for DeFi developer and user flows.
- Allbridge: Allbridge is a cross-chain bridge supporting transfers across EVM and non-EVM networks including Solana and certain L1s. It competes with Wanchain for non-EVM corridor traffic and stablecoin bridging.
- Multichain (formerly Anyswap): Multichain was a direct cross-chain bridge competitor to Wanchain with comparable lock-mint-burn-unlock mechanics; though its 2023 shutdown reshaped the landscape, its historical product design is the closest analog to Wanchain's bridge architecture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
Wanchain social profiles
Digital presenceWanchain financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wanchain leadership team
Management profileNumber of profiles
Profiles3 records
Wanchain funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wanchain M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wanchain
What does Wanchain do?
Wanchain operates a decentralized blockchain interoperability network that builds fully decentralized direct bridges connecting siloed blockchain networks such as Bitcoin, Ethereum, Cardano, XRP, Polygon, Arbitrum, BSC, Avalanche, Polkadot, and Solana. The platform enables token, NFT, and canonical asset transfers across chains using a lock-mint-burn-unlock mechanism secured by Secure Multiparty Computation and Shamir's Secret Sharing cryptography, with permissionless storeman nodes rotated monthly.
Is Wanchain a public or private company?
Wanchain is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wanchain founded?
Wanchain was founded in 2017. It employs 101 to 250 people.
Where is Wanchain based?
Wanchain is headquartered in Singapore, Singapore, in the Asia region.
How does Wanchain make money?
One revenue line is on record: bridge Transaction Fees.
Who are Wanchain's main competitors?
Broad incumbents on record are Cosmos IBC and Chainlink CCIP. Direct peers are deBridge, Wormhole, LayerZero, Axelar Network, Stargate Finance, Synapse Protocol, Allbridge and Multichain (formerly Anyswap).
Does Wanchain have an API?
No public API is recorded for Wanchain.
What industry is Wanchain in?
Wanchain's product category is Blockchain Interoperability Infrastructure. Its primary akta.pro industry code is FSAPAKAB, Token Bridges & Asset Wrapping (lock/mint, burn/mint, canonical bridges), with a secondary code of FSADAKAF, Cross-Chain / Bridge Validator Networks & Relayers. Its NAICS code is 522320 and its SIC code is 6200.