Vechain

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.

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

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

• Blockchain supply chain
• Enterprise blockchain platform
• Crypto wallet app
• Digital product passports
• Tokenization infrastructure

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core 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

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered minor, core and flagship.

• The PaypersminorGTM or Marketing Partner · 18 March 2026Interview with VeChain marketing head Anthony Day discussing how tokenisation and blockchain are reshaping institutional finance.
• RekordcoreStrategic or Co-development Partner · 12 February 2026Partnership to build Digital Product Passports, turning EU regulation into blockchain's most tangible proof of utility for supply chain transparency.
• Power SlapflagshipGTM or Marketing Partner · 4 March 2025$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.
• YouTubeflagshipGTM or Marketing Partner · 3 March 2025Power Slap broadcasts moved from Rumble platform to YouTube, enabling global live streaming of slap fighting events with VeChain sponsorship.
• BMWcoreStrategic or Co-development PartnerHigh-profile enterprise partnership for blockchain-based supply chain management solutions in the automotive sector.
• WalmartcoreStrategic or Co-development PartnerMajor retail partnership for supply chain traceability and transparency solutions, including food traceability applications.
• DHLcoreStrategic or Co-development PartnerLogistics partnership for blockchain-based supply chain and logistics solutions, enhancing transparency and efficiency.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct 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

• YouTubeyoutube.com/@vechainofficial
• Xx.com/vechainofficial
• Facebookfacebook.com/vechain
• LinkedInlinkedin.com/company/10692399

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors5 records

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

M&A

Investments5 records

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

Frequently asked questions about Vechain