Block.one
Block.one develops the open-source EOSIO blockchain software and operates a global investment vehicle that has deployed over $4 billion across 140+ projects. Its wholly-owned subsidiaries include the Bullish digital asset exchange and Voice NFT marketplace, serving enterprises, governments, developers, and digital asset users.
- Company typePrivate
- Founded2016
- HeadquartersGrand Cayman, Cayman Islands
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Block.one does
Block.one is a Cayman Islands-incorporated blockchain technology company founded in 2016 by Brendan Blumer and Dan Larimer that develops and distributes EOSIO, a high-performance open-source blockchain software emphasizing speed, scalability, configurability, and security. The company operates as a hybrid of a blockchain protocol developer and a global technology investment vehicle, having deployed over $4 billion across 140+ portfolio companies spanning digital asset exchanges, blockchain gaming, crypto-enabled financial services, and capital markets infrastructure. Its EOSIO software is distributed free for commercial and non-commercial use and is described as adopted by enterprises, governments, and public chains worldwide.
The company's commercial surface is concentrated in three wholly-owned subsidiaries: EOSIO (the core open-source software), Bullish (a digital asset exchange launched in 2021 built on a private EOSIO blockchain), and Voice (an NFT marketplace launched in 2021). Block.one also maintains direct and fund-mediated investments in companies such as Mythical Games, CoinDCX, and Chintai, and in 2021 transferred 45 million EOS tokens to the Helios fund (led by Brock Pierce) to bootstrap an EOS-focused venture capital fund, developer tooling, and institutional financial products. Office presence spans Grand Cayman (registered headquarters), Hong Kong (regional operations), and the United States (operational support).
Block.one's revenue mechanics are not explicitly disclosed and appear to derive from a combination of Bullish exchange trading and listing fees, Voice marketplace transaction fees, potential enterprise support around EOSIO, and unrealized or realized returns on its $4B+ portfolio. The company is privately held, founder-controlled, and has been subject to one material regulatory event: a 2019 SEC enforcement action resulting in a $24 million penalty for conducting an unregistered ICO. Leadership includes CEO Brendan Blumer, CFO Steve Ellis (formerly Commonwealth Bank of Australia), General Counsel Michael Lubin, and a broader CXO team covering communications, legal, strategy, operations, people, and information security.
Block.one firmographics
Firmographics- Name
- Block.one
- Legal name
- Block.one
- Website
- https://b1.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Block.one develops the open-source EOSIO blockchain software and operates a global investment vehicle that has deployed over $4 billion across 140+ projects. Its wholly-owned subsidiaries include the Bullish digital asset exchange and Voice NFT marketplace, serving enterprises, governments, developers, and digital asset users.
- Ownership category
- akta.pro rank
Block.one industry classification
Industry- Product category
- Blockchain Infrastructure Software
- NAICS
- Securities and Commodity Exchanges (52321), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Deployment, Automation & DevOps (build pipelines, contract deployment tools) (FSAPABAH)
- akta.pro secondary industries
- Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB), Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)
Keywords
Where Block.one is headquartered
LocationHeadquarters
- HQ city
- Grand Cayman
- HQ country
- Cayman Islands
Offices3 records
Markets served
Block.one business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Technology Licensing and Software: Block.one develops and delivers EOSIO as open-source blockchain software free for commercial and non-commercial use, with revenue potentially generated through licensing of proprietary components, tools, or enterprise-grade support services.
- Investment Returns and Portfolio Growth: Through direct investments and partner funds, Block.one has invested in over 140 projects. Returns are generated through portfolio company growth, M&A, and exits.
- Incubated Businesses: Block.one incubates new businesses leveraging EOSIO and EOS-based applications, such as Bullish (digital asset exchange) and Voice (NFT marketplace), to impact retail users and generate revenue.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Block.one product offering
Product offeringCore offering
Block.one develops and distributes EOSIO, a high-performance open-source blockchain software framework that provides industry-leading speed, scalability, configurability, and security for both commercial and non-commercial use. It also incubates and operates subsidiaries built on EOSIO—Bullish (a digital asset exchange) and Voice (an NFT marketplace)—and deploys capital globally through direct investments and partner funds into 140+ blockchain projects.
Product overview
Block.one is a technology investment company that originates, incubates, acquires, and invests in technologies and businesses that build trust in transactions. The company offers a portfolio of products and subsidiaries centered around its EOSIO blockchain technology. EOSIO serves as the core open-source blockchain software, while Bullish provides a digital asset exchange built on private EOSIO blockchain, and Voice offers an NFT marketplace. Block.one has invested in over 140 projects through direct investments and partner funds, deploying over $4 billion in assets globally. The ecosystem includes portfolio companies Mythical Games (gaming), CoinDCX (crypto financial services), and Chintai (capital markets solutions using EOSIO software).
Differentiator
Problem solved
Functional benefit
Brands
- EOSIO: Open-source software for blockchain innovation and performance, offering high-speed, scalable, and secure blockchain technology.
- Bullish
- Voice
Products and services
- EOSIO EOSIO is a leading open-source blockchain software for high-performance blockchain innovation and performance. It is one of the most performant, customizable, and secure blockchains available, offering industry-leading speed, scalability, configurability, and security standards, distributed as free open-source software for both commercial and non-commercial implementations.
- Bullish Exchange Bullish is a technology company focused on developing financial services for the digital assets sector. The Bullish exchange is built on a private EOSIO blockchain designed with security, accountability, and public verifiability at the software level, intended to benefit asset holders, empower traders, and increase overall market integrity. It is a wholly owned subsidiary of Block.one.
- Voice Voice is an NFT platform that makes minting, selling, and buying digital creations easy. It is a US-based marketplace built on EOSIO, positioned as one of the most environmentally sustainable blockchains, and is an incubated business of Block.one.
Quantifiable outcome
- 140+ businesses supported through direct investments and partner funds
- +2 more outcomes
Companies that use Block.one
Customer profileSegments4 records
Ideal customer profiles4 records
Block.one technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Block.one partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- BullishcoreBullish is a technology company focused on developing financial services for the digital assets sector, launched in 2021. The Bullish exchange is built on a private EOSIO blockchain. It is a subsidiary of Block.one, demonstrating and utilizing EOSIO capabilities for retail users.
- VoicecoreVoice is an NFT platform that makes minting, selling, and buying digital creations easy. It is a US-based marketplace built on EOSIO, one of the most environmentally sustainable blockchains. Voice is an incubated business of Block.one.
- EOSIO Ecosystem (Open Source Community)coreBlock.one develops and delivers EOSIO as high-performance open-source blockchain software free for both commercial and non-commercial implementations by any private or public individual or entity. The company collaborates with the global EOSIO community including leading companies, governments, and public chains.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Block.one competitors and assessment
Company assessmentDirect peers
- Polygon Labs: Developer of Polygon, a scaling and smart-contract platform ecosystem competing with EOSIO on enterprise-grade throughput and low-cost transactions.
- Hedera Hashgraph: Operates an enterprise-focused distributed ledger with high throughput and governance by major corporations — closely paralleling EOSIO's enterprise/government adoption narrative.
- Ava Labs (Avalanche): Builds the Avalanche blockchain, a high-performance smart-contract platform with a focus on custom subnets and enterprise adoption, directly comparable to EOSIO's positioning.
- Solana Labs: Developer of the Solana blockchain, a high-throughput, low-fee smart contract platform that competes directly with EOSIO on performance, scalability, and developer adoption.
Broad incumbents
- Ripple Labs: Major blockchain company focused on enterprise and institutional financial services with its own token (XRP); comparable as a public-chain operator with regulatory exposure and institutional ambitions similar to Block.one/Bullish.
- Consensys: Major Ethereum-focused blockchain infrastructure and tooling company (Infura, MetaMask) that occupies the same enterprise- and developer-tooling niche Block.one targets with EOSIO.
- Circle Internet Financial: Issuer of USDC and a major digital-asset infrastructure company; comparable as a privately held crypto-infrastructure operator pursuing institutional regulated finance, similar to Block.one's Bullish.
- Ethereum Foundation: Stewards the dominant smart-contract platform; while not a corporate peer, Ethereum is the primary protocol EOSIO competes against for enterprise and developer mindshare.
Emerging players
- NEAR Foundation: Backs the NEAR Protocol, a high-performance, sharded smart-contract platform; comparable as a newer open-source L1 competing for the same developer and enterprise workloads as EOSIO.
- Web3 Foundation (Polkadot): Stewards Polkadot, a multi-chain framework emphasizing interoperability and custom parachains — adjacent to EOSIO's cross-chain and enterprise configuration story.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
Block.one social profiles
Digital presenceBlock.one financial estimates
Financial estimateRevenue estimate
Valuation estimate
Block.one leadership team
Management profileNumber of profiles
Profiles10 records
Block.one subsidiaries and ownership
Company hierarchySubsidiaries3 records
Block.one funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Block.one M&A and investment
M&A and investmentM&A
Investments45 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Block.one
What does Block.one do?
Block.one develops and distributes EOSIO, a high-performance open-source blockchain software framework that provides industry-leading speed, scalability, configurability, and security for both commercial and non-commercial use. It also incubates and operates subsidiaries built on EOSIO—Bullish (a digital asset exchange) and Voice (an NFT marketplace)—and deploys capital globally through direct investments and partner funds into 140+ blockchain projects.
Is Block.one a public or private company?
Block.one is a private company. It is classified as venture growth investor backed and is currently operating.
When was Block.one founded?
Block.one was founded in 2016. It employs 101 to 250 people.
Where is Block.one based?
Block.one is headquartered in Grand Cayman, Cayman Islands.
How does Block.one make money?
Three revenue lines are on record. Technology Licensing and Software is the primary driver. The others are investment Returns and Portfolio Growth and incubated Businesses.
Who are Block.one's main competitors?
Direct peers on record are Polygon Labs, Hedera Hashgraph, Ava Labs (Avalanche) and Solana Labs. Broad incumbents are Ripple Labs, Consensys, Circle Internet Financial and Ethereum Foundation. Emerging players are NEAR Foundation and Web3 Foundation (Polkadot).
Does Block.one have an API?
No public API is recorded for Block.one.
What industry is Block.one in?
Block.one's product category is Blockchain Infrastructure Software. Its primary akta.pro industry code is FSAPABAH, Deployment, Automation & DevOps (build pipelines, contract deployment tools), with a secondary code of FSAPAIAB, Consortium Networks & Governance (network setup, onboarding, rules, node operations). Its NAICS code is 52321 and its SIC code is 6211.