Vechain
VeChain operates a Layer-1 blockchain (VeChainThor) with a dual VET/VTHO token system, supplying supply chain traceability, product authentication, and Digital Product Passport infrastructure to enterprise clients such as BMW, Walmart, and DHL, while expanding into consumer apps, staking, and a no-code AI agent portal.
- Company typePrivate
- Founded2015
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B and B2C
- OfferingSoftware
What Vechain does
VeChain is a private Layer-1 blockchain platform founded in 2015 with its VeChainThor mainnet and a San Marino–domiciled operating entity. The platform is designed around a dual-token economic model in which VET secures and powers the network while VTHO is consumed as the transaction-fee token, and it explicitly integrates blockchain with AI and IoT components. VeChain's commercial focus centers on supply chain traceability, product authentication, and compliance-driven use cases including food traceability (Walmart), automotive parts tracking (BMW), and logistics (DHL), with a stated strategic positioning around the forthcoming EU Digital Product Passport regulation via a partnership with Rekord.
The product portfolio has expanded beyond enterprise infrastructure into consumer and developer-facing surfaces. VeWorld is a super-app wallet for VET management; VeBetter is an X-to-Earn ecosystem that has recorded 20M+ real-world actions across 2.7M+ users in sustainability and lifestyle categories; StarGate is a staking and rewards platform; and AgentSuite, launched in April 2026, is a no-code AI agent portal combining a builder (AgentForge), a marketplace (AgentMarket), and on-chain verification (AgentTrust). Distribution spans cryptocurrency exchanges, the VeWorld wallet, the Builder Hub developer portal, and a flagship $76M six-year sponsorship of Dana White's Power Slap league on YouTube.
VeChain's revenue mechanics combine usage-based VTHO transaction fees with sponsorship and platform ecosystem monetization, though no direct revenue, ARR, or contract values are disclosed in the available data. The go-to-market blends enterprise field sales (anchored by legacy partnerships with BMW, Walmart, and DHL), product-led growth through VeWorld and VeBetter, and community-led adoption within the broader crypto ecosystem. Customer concentration risk is elevated given the prominence of a single sponsorship counterparty and the absence of disclosed enterprise contract economics.
Vechain firmographics
Firmographics- Name
- Vechain
- Legal name
- VeChain
- Website
- https://vechain.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- VeChain operates a Layer-1 blockchain (VeChainThor) with a dual VET/VTHO token system, supplying supply chain traceability, product authentication, and Digital Product Passport infrastructure to enterprise clients such as BMW, Walmart, and DHL, while expanding into consumer apps, staking, and a no-code AI agent portal.
- Ownership category
- akta.pro rank
Vechain industry classification
Industry- Product category
- Blockchain Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Trade Finance & Supply Chain Tokenization (invoices, bills of lading, provenance) (FSAPAIAK)
- akta.pro secondary industries
- Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC), Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Custodial Staking Providers (FSADAHAG)
Keywords
Where Vechain is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Vechain business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- VTHO Transaction Fees: VTHO (VeThor Token) is consumed as transaction fees on the VeChainThor blockchain. Users need VTHO to conduct transactions, creating a usage-based revenue stream tied to network activity.
- Platform Ecosystem Growth: VeBetter ecosystem drives user engagement and adoption with over 20 million real-world actions facilitated, enabling ecosystem expansion and brand engagement opportunities.
- Sponsorship Revenue (Power Slap): $76 million six-year sponsorship deal with Power Slap slap fighting league, providing broadcast integrations, athlete kit branding, and social media content.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | VET token - available on major exchanges |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels6 records
Vechain product offering
Product offeringCore offering
VeChain operates the VeChainThor public blockchain platform with a dual-token system (VET/VTHO) that delivers enterprise supply chain traceability, anti-counterfeiting, and compliance solutions, alongside consumer-facing applications including the VeWorld wallet, the VeBetter X-to-Earn sustainability ecosystem, StarGate staking, and the AgentSuite no-code AI agent portal.
Product overview
VeChain is a blockchain platform specializing in supply chain management and enterprise solutions, operating on a two-token system (VET/VTHO). The platform offers a portfolio of interconnected products including: VeWorld (a super app wallet for managing VET and connecting to ecosystem apps), VeBetter (an X to Earn ecosystem rewarding sustainable actions with over 20M actions and 2.7M+ users), StarGate (a next-generation staking platform for earning VTHO), and AgentSuite (a no-code AI agent portal for building, selling, and hiring AI agents). The platform has been live since 2015, supports 5M+ users and 350+ apps, and serves enterprise clients including BMW, Walmart, and DHL.
Differentiator
Problem solved
Functional benefit
Brands
- AgentSuite: A no-code AI agent portal on VeChain that enables users to build, sell, and hire AI agents globally. Consists of AgentForge (builder), AgentMarket (hosting), and AgentTrust (on-chain verification).
- VeWorld
- VeBetter
- StarGate
Products and services
- AgentSuite A no-code AI agent portal that lets creators build AI agents with AgentForge, host them on AgentMarket, and verify IDs, transactions, and history on-chain via AgentTrust; designed for AI creators and for businesses hiring agents for professional services, knowledge work, and operations.
- VeWorld
Quantifiable outcome
- Over 20 million real-world actions facilitated through VeBetter platform
- +3 more outcomes
Companies that use Vechain
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
Vechain technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature6 records
Vechain partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor, core and flagship.
- The PaypersminorInterview with VeChain marketing head Anthony Day discussing how tokenisation and blockchain are reshaping institutional finance.
- RekordcorePartnership to build Digital Product Passports, turning EU regulation into blockchain's most tangible proof of utility for supply chain transparency.
- Power Slapflagship$76 million six-year sponsorship deal with Dana White's Power Slap league. Includes broadcast integrations on YouTube, athlete kit branding, and social media content. Power Slap moved from Rumble to YouTube as part of this deal.
- YouTubeflagshipPower Slap broadcasts moved from Rumble platform to YouTube, enabling global live streaming of slap fighting events with VeChain sponsorship.
- BMWcoreHigh-profile enterprise partnership for blockchain-based supply chain management solutions in the automotive sector.
- WalmartcoreMajor retail partnership for supply chain traceability and transparency solutions, including food traceability applications.
- DHLcoreLogistics partnership for blockchain-based supply chain and logistics solutions, enhancing transparency and efficiency.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Vechain competitors and assessment
Company assessmentDirect peers
- Fetch.ai: Fetch.ai combines AI agents with blockchain infrastructure for an autonomous-agent economy. Directly comparable to VeChain's AgentSuite as a peer pursuing the intersection of AI agents and on-chain identity/verification.
- R3 Corda: R3's Corda is a permissioned distributed ledger purpose-built for regulated enterprises, especially in financial services and supply chains. Comparable to VeChain's VeChainThor as a competing enterprise blockchain stack with a dual focus on tokenization and compliance.
- Hedera Hashgraph: Hedera operates a public distributed ledger with enterprise governance and supply-chain traceability use cases. Comparable to VeChainThor as a competing public-permissioned hybrid L1 targeting enterprise tokenization and ESG tracking.
- Polygon Labs: Polygon provides Ethereum-side scaling infrastructure plus enterprise tokenization and identity tooling. Comparable as an L1/L2 blockchain infrastructure platform competing for enterprise supply-chain and tokenization workloads.
- Chainlink: Chainlink provides oracle and middleware services that connect enterprise data to blockchains, including supply-chain and trade-finance integrations. Comparable to VeChain's middleware/API layer for connecting real-world supply-chain data to blockchain.
- Stellar Development Foundation: Stellar is a public blockchain focused on tokenization, payments, and real-world asset issuance for enterprises and financial institutions. Comparable to VeChainThor as a competing L1 with tokenization and RWA positioning.
- Algorand Foundation: Algorand is a public L1 with a focus on enterprise tokenization, carbon markets, and supply-chain traceability. Comparable to VeChainThor as a competing public chain targeting regulated enterprise and ESG use cases.
Broad incumbents
- IBM Blockchain: IBM offers enterprise blockchain solutions (Hyperledger-based) used by Walmart, Maersk, and others for supply chain traceability. Directly comparable as an enterprise-grade blockchain platform competing for the same supply-chain and logistics RFPs as VeChain.
- ConsenSys (Linea/Quorum): ConsenSys develops enterprise-grade Ethereum tooling and the Quorum/Linea stacks for institutional and supply-chain use cases. Comparable as an enterprise blockchain infrastructure provider offering wallet, identity, and tokenization services.
- Hyperledger (Linux Foundation): Hyperledger hosts open-source enterprise blockchain frameworks (Fabric, Besu, Indy) widely adopted for supply-chain and trade-finance consortia. Comparable to VeChain's enterprise supply-chain positioning as the dominant open permissioned blockchain ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Vechain social profiles
Digital presenceVechain financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vechain leadership team
Management profileNumber of profiles
Profiles2 records
Vechain funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vechain M&A and investment
M&A and investmentM&A
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vechain
What does Vechain do?
VeChain operates the VeChainThor public blockchain platform with a dual-token system (VET/VTHO) that delivers enterprise supply chain traceability, anti-counterfeiting, and compliance solutions, alongside consumer-facing applications including the VeWorld wallet, the VeBetter X-to-Earn sustainability ecosystem, StarGate staking, and the AgentSuite no-code AI agent portal.
Is Vechain a public or private company?
Vechain is a private company. It is classified as venture growth investor backed and is currently operating.
When was Vechain founded?
Vechain was founded in 2015. It employs 51 to 100 people.
Where is Vechain based?
Vechain is headquartered in Singapore, Singapore, in the Asia region.
How does Vechain make money?
Three revenue lines are on record. VTHO Transaction Fees are the primary driver. The others are platform Ecosystem Growth and sponsorship Revenue (Power Slap).
Who are Vechain's main competitors?
Direct peers on record are Fetch.ai, R3 Corda, Hedera Hashgraph, Polygon Labs, Chainlink, Stellar Development Foundation and Algorand Foundation. Broad incumbents are IBM Blockchain, ConsenSys (Linea/Quorum) and Hyperledger (Linux Foundation).
Does Vechain have an API?
No public API is recorded for Vechain.
What industry is Vechain in?
Vechain's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAIAK, Trade Finance & Supply Chain Tokenization (invoices, bills of lading, provenance), with a secondary code of FSAPAIAL, Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned). Its NAICS code is 522320 and its SIC code is 6200.