What DSRV does

DSRV (DSRV Labs) is a Seoul-based blockchain infrastructure provider founded in 2019, operating as the #1 validator in Korea and Asia and the 9th-largest Ethereum validator globally. The company delivers multi-chain blockchain infrastructure across 170+ protocols to 160+ global enterprise clients, processing $4 trillion in transaction value and managing $3B+ in assets under management. Its core product suite is consolidated under the DSRV Portal platform and includes All That Node (multi-chain RPC), WaaS (embedded wallets with MPC security), Payments (on-chain settlement with ERP integration), Staking Hub (institutional staking), Custody (air-gapped institutional custody), and Validator services. The platform targets financial institutions, fintech companies, and enterprise Web3 firms seeking to operate on-chain with institutional-grade security.

DSRV generates revenue through subscription and usage-based fees across its infrastructure services, supplemented by staking rewards and validator fees from its position as a major Ethereum validator. The go-to-market combines self-serve SaaS access via the DSRV Portal for technical enterprise clients with direct enterprise sales for large financial institution partnerships. Key customers include major Korean financial institutions (Mirae Asset, BC Card, NICE, KB Investment, Hana Securities, SK Securities, KDB Capital, IBK), Samsung Next, Naver, Hyundai Motor, and Kyobo. Pricing is not publicly disclosed; enterprise clients likely receive custom quotes based on volume and contract terms.

The company holds VASP, ISMS, SOC 2 Type 2, and ISO 27001 certifications, providing regulatory credentials critical for serving Korean financial institutions. DSRV has raised approximately $24M+ in total funding across seed (2020, $700K from Naver), Series A (2021, 30B KRW from Samsung Next and KB Investment), and Series B (2025, $20M+ from Mirae Asset, BC Card, and NICE). The company's leadership includes Vice Chair role at the Korea Fintech Industry Association and Chair of the Stablecoin Council, positioning it at the center of Korea's blockchain policy development. DSRV has pursued inorganic growth via acquisitions of Fourtail (2021), Constance (2022), and HiFive Lab (2025).

Name

DSRV

Legal name

DSRV labs

Website

https://dsrvlabs.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

DSRV is a Seoul-based blockchain infrastructure provider offering multi-chain node operations, wallets, payments, staking, and custody through its unified DSRV Portal, serving 160+ enterprise clients with $3B+ AUM across 170+ protocols.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB)

akta.pro secondary industry

Custody Technology Platforms (Custody-as-a-Service) (FSADACAB)

Keywords

• Blockchain infrastructure services
• Multi-chain node services
• Institutional staking services
• Digital asset custody
• Wallet-as-a-service

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Blockchain Infrastructure Services: DSRV generates revenue through subscription and usage-based fees for its suite of blockchain infrastructure services including node operations, RPC services, wallet-as-a-service, on-chain payments, institutional staking, and custody solutions. Services are offered through the DSRV Portal platform to enterprise clients globally.
2. Validator Services: Revenue from operating as a validator node operator across multiple blockchain networks, generating returns from staking rewards and validator fees as the world's 9th largest Ethereum validator and #1 in Korea & Asia.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

DSRV provides institutional-grade blockchain infrastructure through its unified DSRV Portal platform, enabling financial institutions and enterprise Web3 companies to access multi-chain RPC services, embedded wallets, on-chain payments, institutional staking, custody, and validator services. The platform supports 170+ protocols with enterprise-grade security, regulatory compliance certifications (VASP, ISMS, SOC, ISO 27001), and 24/7 monitoring.

Product overview

DSRV offers a unified platform architecture called DSRV Portal, which provides financial institutions with comprehensive Web3 infrastructure tools. The product portfolio consists of six core modules: All That Node (multi-chain RPC), WaaS (embedded wallet infrastructure), Payments (on-chain settlement engine), Staking Hub (institutional staking), Custody (secure asset storage), and Validator services. Together, these modules enable institutions to operate across blockchain networks with enterprise-grade reliability, security, and regulatory compliance.

Differentiator

Problem solved

Functional benefit

Brands

• DSRV Portal: All-in-one platform for Web3 business tools including node services, wallets, payments, staking, and custody
• All That Node
• WaaS
• Staking Hub
• Custody

Products and services

• DSRV Portal Unified Web3 infrastructure platform that consolidates node services, embedded wallets, on-chain payments, staking, and custody into a single product for financial institutions and enterprise Web3 companies seeking to operate on-chain.
• All That Node

Quantifiable outcome

• 4.8 billion KRW revenue per employee for Tether blockchain project
• +2 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and major.

• SBI Ripple AsiacoreStrategic or Co-development Partner · 3 April 2026Joint research project with SBI Ripple Asia to explore how blockchain technology centered on the XRP Ledger can improve cross-border payments between Japan and South Korea. The partnership aims to understand regulations, optimize remittance systems, and develop future applications for blockchain payments.
• KBankmajorStrategic or Co-development Partner · 1 January 2026KBank, serving 15 million users and acting as exclusive banking partner for South Korea's largest crypto exchange Upbit, is collaborating with DSRV through the broader XRP Ledger ecosystem for Japan-South Korea cross-border payment flows optimization.
• Mirae AssetcoreStrategic or Co-development Partner · 1 January 2025Strategic partnership established in 2025 with Mirae Asset, one of Korea's largest financial groups, for collaboration on blockchain infrastructure services and financial innovation initiatives.
• BC CardcoreStrategic or Co-development Partner · 1 January 2025Strategic partnership with BC Card, Korea's major payment network operator, for blockchain-based payment solutions and financial services innovation.
• NICEcoreStrategic or Co-development Partner · 1 January 2025Strategic partnership with NICE, a major Korean fintech and payments company, for blockchain infrastructure collaboration and payment service development.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Figment: Figment is a leading institutional blockchain infrastructure provider offering validator, staking, node and custody services across 50+ protocols. Direct overlap with DSRV's validator, staking and node operations serving institutional clients.
• Blockdaemon: Blockdaemon operates one of the largest independent blockchain node and validator infrastructures, offering staking, APIs and institutional node services. Closely comparable to DSRV's All That Node RPC, validator and staking product lines.
• Ankr: Ankr provides multi-chain RPC, staking and node infrastructure to Web3 developers and enterprises. Competes with DSRV on the All That Node RPC and staking product lines, particularly for protocol-level and DeFi customers.
• P2P.org: P2P.org is a large non-custodial staking and validator provider operating across 40+ networks. Closely comparable to DSRV's validator and staking operations, particularly for institutional stakers seeking non-custodial infrastructure.
• Fireblocks: Fireblocks provides institutional custody, wallet-as-a-service and payments infrastructure for digital assets. Overlaps directly with DSRV's WaaS, Custody and Payments products, and competes for the same institutional financial buyer segment.
• Anchorage Digital: Anchorage is a federally chartered crypto custody and staking platform serving institutions. Comparable to DSRV's Custody and Staking Hub offerings for institutional digital asset clients, with similar regulatory positioning in the US.
• Chainstack: Chainstack provides managed blockchain node infrastructure and APIs across multiple chains. Direct peer to DSRV's All That Node multi-chain RPC service for developer and enterprise workloads.

Broad incumbents

• Coinbase Cloud (formerly Bison Trails): Coinbase Cloud provides node infrastructure, staking and developer APIs at global scale as part of Coinbase's broader crypto ecosystem. Overlaps with DSRV's RPC, validator and staking offerings but with substantially larger distribution and capital base.
• Alchemy: Alchemy is a leading blockchain developer platform providing node infrastructure, APIs and tooling for Web3 builders. Comparable to DSRV's All That Node RPC layer, though Alchemy focuses more on developer customers than financial institutions.
• Infura (Consensys): Infura, part of Consensys, provides Ethereum and multi-chain RPC infrastructure to developers and enterprises. Direct overlap with DSRV's All That Node product, though Infura is bundled with the broader Consensys/MetaMask ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/dsrvlabs
• LinkedInlinkedin.com/company/dsrvlabs
• Facebookfacebook.com/dsrvlabs

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors13 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DSRV