Datachain
Datachain builds blockchain interoperability infrastructure (YUI, LCP, Cross Framework) and enterprise products (Datachain Wallet, KuraPrivacy) for Japanese and Korean financial institutions, enabling stablecoin-based cross-border payments, tokenized deposit, and security token DvP settlement.
- Company typePrivate
- Founded2018
- HeadquartersTokyo, Japan
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Datachain does
Datachain, Inc. is a Tokyo-based blockchain infrastructure company founded in March 2018 and operating as a subsidiary of Speee Inc. (TSE: 4499). It builds interoperability infrastructure for heterogeneous blockchains, centered on the IBC protocol, and is the core contributor of YUI, an interoperability framework accepted as a Hyperledger Labs project. Its technology stack includes three open-source products — YUI, LCP (a TEE/Intel SGX-based light client proxy for gas-efficient cross-chain verification), and Cross Framework (a patented framework for distributed multi-chain smart contract execution) — alongside two commercial products: Datachain Wallet, an enterprise Web3 wallet with Passkey authentication and SOC 2 Type 1 assurance, and KuraPrivacy, an EVM-compatible on-chain privacy protocol supporting selective disclosure, allowlists, and forced transfer for regulatory compliance.
Datachain serves Japanese and Korean financial institutions and large enterprises, with named engagement spanning all three Japanese megabank groups (MUFG, SMBC), major securities firms (Daiwa, SBI), Shoko Chukin Bank, and Korean banks (Shinhan, NH, Kbank), plus technology partners including NTT DATA, JCB, Interchain Foundation, and Ava Labs. Its primary commercial initiatives are the Swift-integrated Project Pax cross-border stablecoin remittance platform (co-developed with Progmat), Project Trinity for stablecoin DvP settlement in the Japanese security token secondary market, and the newer Tokenized Deposit initiative targeting programmable money and AI-automation use cases. Strategic equity and revenue-sharing ties with Progmat, Inc. — the joint venture building national stablecoin infrastructure — align Datachain's economics with the growth of stablecoin issuance on the Progmat Coin platform.
Revenue is generated through a mix of enterprise licensing for Datachain Wallet and KuraPrivacy Suite, professional services and PoC development for financial institutions, open-source community-led developer adoption of YUI/LCP/Cross Framework, and a revenue-sharing claim against Progmat Coin stablecoin revenues. Pricing is custom enterprise with multi-year contracts; figures are not publicly disclosed. The company has two granted Japanese patents covering its Swift-integrated stablecoin remittance system and Cross Framework, positioning it as a regulated, IP-backed infrastructure layer for Japan's emerging digital asset and programmable money markets.
Datachain firmographics
Firmographics- Name
- Datachain
- Legal name
- 株式会社Datachain
- Website
- https://datachain.jp
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Datachain builds blockchain interoperability infrastructure (YUI, LCP, Cross Framework) and enterprise products (Datachain Wallet, KuraPrivacy) for Japanese and Korean financial institutions, enabling stablecoin-based cross-border payments, tokenized deposit, and security token DvP settlement.
- Ownership category
- akta.pro rank
Datachain industry classification
Industry- Product category
- Blockchain Interoperability Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Finance Services (6199)
- akta.pro primary industry
- Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps) (FSAGAMAI)
- akta.pro secondary industries
- Cross-Chain Messaging Protocols (general-purpose message passing) (FSAPAKAA), Cross-Chain Developer Tooling (messaging SDKs, relayers, interoperability APIs) (FSAPABAF), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ)
Keywords
Where Datachain is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices1 record
Markets served
Datachain business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Stablecoin Infrastructure Development: Revenue from developing and maintaining stablecoin infrastructure for Progmat Coin platform, including cross-chain smart contracts and bridge functionality. Revenue-sharing agreement with Progmat for stablecoin business revenues.
- Enterprise Software/Services: Licensing of enterprise-grade products including Datachain Wallet, KuraPrivacy Suite, and cross-chain infrastructure. Services for financial institutions implementing blockchain solutions.
- Professional Services: Technical consulting, integration services, and PoC development for enterprise clients implementing cross-chain and stablecoin solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise pricing based on use case and scale |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels6 records
Datachain product offering
Product offeringCore offering
Datachain builds blockchain interoperability infrastructure and enterprise digital asset products for financial institutions and large corporations. It offers open-source cross-chain tools (YUI, LCP, Cross Framework) based on the IBC protocol, commercial products including the Datachain Wallet enterprise Web3 wallet and KuraPrivacy on-chain privacy protocol, and stablecoin infrastructure such as the TOKI cross-chain bridge and Project Pax cross-border remittance integrated with Swift APIs.
Product overview
Datachain is a blockchain interoperability and digital asset infrastructure company founded in 2018. Its product portfolio consists of open-source cross-chain infrastructure products (YUI for IBC-based blockchain interoperability, LCP for TEE-based light client verification, and Cross Framework for distributed multi-chain transactions) plus two enterprise-facing commercial products: Datachain Wallet (enterprise Web3 wallet with Passkey authentication, SOC 2 Type 1 certified, supporting stablecoin management and corporate workflows) and KuraPrivacy (on-chain privacy protocol for compliance-ready enterprise stablecoin transactions with zero-knowledge proofs). These products collectively support stablecoin infrastructure, cross-chain interoperability, and privacy-preserving on-chain financial services.
Differentiator
Problem solved
Functional benefit
Brands
- YUI: A Hyperledger Labs project that enables interoperability between multiple heterogeneous ledgers via the IBC protocol.
- LCP
- Cross Framework
- Datachain Wallet
- KuraPrivacy
- TOKI
Products and services
- YUI Open-source interoperability framework (Hyperledger Labs project) enabling communication between multiple heterogeneous distributed ledgers via the IBC (Inter-Blockchain Communication) protocol, allowing different blockchains to interoperate without centralized intermediaries. Targeted at developers and enterprise blockchain teams.
- LCP (Light Client Proxy) Open-source proxy middleware for light client verification executed in TEE (Intel SGX). Provides gas-efficient and trust-minimized cross-chain interoperability for any chain supporting IBC. Targeted at developers and enterprises building cross-chain infrastructure.
- Cross Framework Open-source framework enabling distributed transactions across multiple blockchains. Developers can write smart contracts that reference data and execute functions distributed across different blockchains without relying on a specific centralized system. Domestic Japan patent granted (Patent No. 6982345). Targeted at developers building multi-chain applications.
- Datachain Wallet Enterprise Web3 wallet with Passkey-based secure key management, permission management, and approval workflows. Supports JPYC, USDC, USDT, and ETH. SOC 2 Type 1 certified. Designed for corporate stablecoin and digital asset operations with internal control requirements.
- KuraPrivacy Enterprise on-chain privacy infrastructure (privacy protocol) combining uncompromising transaction privacy with compliance capabilities. Provides anonymity, confidentiality, unlinkability, selective disclosure, allowlists, and forced asset transfer controls. EVM-compatible with gas efficiency of ~400K-500K per transaction. Targeted at financial institutions and enterprises requiring regulatory-compliant on-chain privacy.
Quantifiable outcome
- Gas cost reduction to ~400K-500K gas per transaction vs ~1.3M for Railgun (competitor)
- +2 more outcomes
Companies that use Datachain
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
Datachain technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability2 records
Feature5 records
Datachain partnerships and signals
Strategic signalPartnerships
21 partnerships are on record, tiered core, strategic and minor.
- Digital Asset Co-Creation Consortium (DCC)coreParticipating in Tokenized Government Bonds & On-Chain Repo Working Group. Contribution to commercialization of on-chain repo transactions with tokenized government bonds using blockchain interoperability and privacy technologies.
- Progmat Inc.coreStrategic partnership for digital securities platform migration from Corda to Avalanche L1. Progmat will migrate Progmat ST platform (over ¥439.6 billion in digital securities) to EVM-compatible environment. Cross-chain services powered by LCP protocol for interoperable DvP and PvP settlements.
- Ava LabscoreCollaboration through Progmat partnership to support Avalanche L1 migration for digital securities platform. Enables EVM compatibility for ¥439.6 billion+ in digital securities.
- Shinhan BankcoreKorean financial institution participating in Project Pax Phase 2 as correspondent bank for cross-border stablecoin remittances between Japan and Korea.
- NH BankcoreKorean agricultural cooperative bank participating in Project Pax Phase 2 for cross-border stablecoin remittance verification.
- KbankcoreKorean digital bank participating in Project Pax Phase 2 for cross-border stablecoin remittance infrastructure.
- Sumitomo Mitsui Banking CorporationcoreIssuing stablecoins for DvP settlement in security token secondary market under Project Trinity with securities firms.
- Daiwa SecuritiescoreConducting security token trading with stablecoin DvP settlement under Project Trinity pilot.
- SBI SecuritiescoreConducting security token trading with stablecoin DvP settlement under Project Trinity pilot.
- SBI R3 JapanstrategicProject Trinity consortium partner for security token DvP settlement pilot.
- Osaka Digital Exchange (ODX)strategicProject Trinity consortium partner. Operates security token secondary market START.
- BOOSTRYstrategicProject Trinity consortium partner providing blockchain infrastructure for security token trading.
- Shoko Chukin Bank (商工組合中央金庫)coreFirst domestic bank to participate in Project Pax Phase 2 (practical verification). Bank participates as originating/correspondent bank for cross-border stablecoin remittance infrastructure.
- IDA Finance Hong Kong LimitedstrategicStrategic partnership for stablecoin-based cross-border remittances between Hong Kong and Japan. PoC for import/export trade settlement using JPY and HKD stablecoins through local off-ramp partners.
- Interchain FoundationcoreReceived second grant to improve IBC-Solidity implementation for cross-chain interoperability. Development includes BEEFY/GRANDPA light client support and gas cost reduction for enhanced security and efficiency.
- JCBstrategicJoint research to realize interoperability between multiple blockchains in payments. Focus on DVP and PVP settlements, analyzing interoperability methods including Cosmos IBC Protocol and YUI.
- NTT DATAstrategicTechnical cooperation for blockchain interoperability. World's first demonstration of value transfer between Hyperledger Fabric and Cosmos using IBC protocol. Collaboration on Cross Framework and IBC module for enterprise interoperability.
- TOKI FZCOcoreCross-chain infrastructure partnership. TOKI provides cross-chain bridge leveraging IBC, unified liquidity, and Japanese trust bank-backed stablecoins. Datachain provides technology development for TOKI.
- Hyperledger FoundationcoreYUI interoperability framework accepted as Hyperledger Labs project. Provides IBC protocol implementation for heterogeneous ledger interoperability.
- Japan Digital Economic FederationstrategicCorporate member since May 2026. Participating in Tokenization Project Team for on-chain finance implementation including asset tokenization.
- HitachiminorListed as partner/stakeholder on website
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Datachain competitors and assessment
Company assessmentDirect peers
- Axelar: Axelar is a cross-chain interoperability protocol providing general-purpose message passing and asset transfers across heterogeneous blockchains. Directly comparable to Datachain's YUI/LCP/Cross Framework stack in both technical approach (cross-chain messaging) and target market (enterprise finance and DeFi).
- LayerZero Labs: LayerZero provides omnichain messaging and interoperability infrastructure enabling cross-chain smart contract calls and asset transfers. Comparable to Datachain's YUI Hyperledger Labs project and Cross Framework in offering developer-facing interoperability tooling for enterprise-grade multi-chain applications.
- Wormhole Foundation: Wormhole operates one of the largest cross-chain bridge and messaging protocols, connecting multiple heterogeneous blockchains. Comparable to Datachain's TOKI bridge and YUI/LCP infrastructure for moving value and messages between chains.
- Chainlink (CCIP): Chainlink's Cross-Chain Interoperability Protocol (CCIP) provides secure cross-chain messaging and token transfers with a focus on enterprise and financial institution adoption. Comparable to Datachain's LCP and YUI in serving institutional cross-chain use cases.
- Quant Network: Quant Network provides enterprise blockchain interoperability (Overledger) connecting DLTs, legacy systems, and applications for financial institutions. Comparable to Datachain's focus on enterprise interoperability between permissioned (Fabric) and public chains, with similar banking-sector go-to-market.
Broad incumbents
- Circle Internet Group: Circle issues USDC stablecoin and operates the Cross-Chain Transfer Protocol (CCTP) for moving USDC across chains. Comparable to Datachain's stablecoin infrastructure (Progmat Coin) and TOKI cross-chain bridge, but operates at significantly larger scale with its own regulated stablecoin.
- Paxos: Paxos is a regulated blockchain infrastructure platform that issues stablecoins (USDP, PYUSD) and provides tokenization services. Comparable to Datachain's stablecoin infrastructure and tokenized deposit initiatives as a regulated enterprise digital asset platform.
- Ripple Labs: Ripple provides cross-border payment infrastructure (RippleNet, RLUSD stablecoin) targeting banks and financial institutions. Comparable to Datachain's Project Pax Swift-integrated stablecoin remittance platform in targeting cross-border B2B payment use cases for banks.
Emerging players
- Progmat Inc. Progmat is Datachain's joint venture partner providing stablecoin issuance and digital securities infrastructure in Japan (¥439.6B+ in digital securities migrating to Avalanche L1). While a strategic partner, Progmat is an adjacent/overlapping player in Japan's regulated stablecoin and security token ecosystem that Datachain depends on.
Others
- Hyperledger Foundation: Hyperledger Foundation hosts the YUI project (Datachain's contribution) as well as enterprise blockchain frameworks like Fabric. Not a commercial competitor but the open-source consortium where Datachain develops and maintains its core interoperability IP.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Datachain social profiles
Digital presenceDatachain compliance and trust
Trust signalCompliance2 records
Datachain financial estimates
Financial estimateRevenue estimate
Valuation estimate
Datachain leadership team
Management profileNumber of profiles
Profiles4 records
Datachain funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Datachain 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 Datachain
What does Datachain do?
Datachain builds blockchain interoperability infrastructure and enterprise digital asset products for financial institutions and large corporations. It offers open-source cross-chain tools (YUI, LCP, Cross Framework) based on the IBC protocol, commercial products including the Datachain Wallet enterprise Web3 wallet and KuraPrivacy on-chain privacy protocol, and stablecoin infrastructure such as the TOKI cross-chain bridge and Project Pax cross-border remittance integrated with Swift APIs.
Is Datachain a public or private company?
Datachain is a private company. It is classified as corporate owned and is currently operating.
When was Datachain founded?
Datachain was founded in 2018. It employs 11 to 50 people.
Where is Datachain based?
Datachain is headquartered in Tokyo, Japan, in the Asia region.
How does Datachain make money?
Three revenue lines are on record. Stablecoin Infrastructure Development is the primary driver. The others are enterprise Software/Services and professional Services.
Who are Datachain's main competitors?
Direct peers on record are Axelar, LayerZero Labs, Wormhole Foundation, Chainlink (CCIP) and Quant Network. Broad incumbents are Circle Internet Group, Paxos and Ripple Labs. Progmat Inc. is listed as an emerging player. Hyperledger Foundation is listed as an others.
Does Datachain have an API?
Yes. Kura Service API (HTTP REST API) provided by KuraPrivacy for enterprise application integration. Covers: account/wallet registration (P-256, WebAuthn, EOA), viewing profile management, balance/status queries, deposit proof generation, transfer preparation and execution (asynchronous), smart contract wallet integration, and transaction history queries. Detailed OpenAPI schemas and SDK provided at onboarding. Also references Swift API framework in Project Pax cross-border stablecoin remittance system. Developer documentation is at docs.kura.datachain.jp/en.
What industry is Datachain in?
Datachain's product category is Blockchain Interoperability Infrastructure. Its primary akta.pro industry code is FSAGAMAI, Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps), with a secondary code of FSAPAKAA, Cross-Chain Messaging Protocols (general-purpose message passing). Its NAICS code is 518210 and its SIC code is 7370.