Wanxiang Blockchain
Wanxiang Blockchain Labs is a Shanghai-based blockchain research and event organization developing technology at the intersection of AI agents, blockchain, and privacy computing, serving the global Web3 and crypto industry primarily through industry events and research publications.
- Company typePrivate
- Founded2016
- HeadquartersShanghai, China
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Wanxiang Blockchain does
Wanxiang Blockchain (legally Wanxiang Blockchain Labs) is a Shanghai-based private blockchain research and event-organization company founded in 2015. It operates at the convergence of AI agents, blockchain technology, and privacy computing — with explicit focus on zero-knowledge proofs and fully homomorphic encryption (FHE) — to support the so-called intelligent agent economy. Its primary commercial artifacts are the 2026 Token Economics White Paper (Version 3.0) and a planned H2 2026 launch of FHE chips targeting 1,000 transactions per second to underpin programmable digital currency and 'token factory' infrastructure for trustless global data asset trading.
The company's revenue mechanics are anchored in event co-organization and thought-leadership research, not enterprise software sales. It co-hosts the Hong Kong Web3 Festival with HashKey Group and W3ME — an event scaled at 200+ speakers, 100+ partners including BlackRock, OKX, and Solana, and 4,000+ attendees — and serves as a Secondary Exhibition Sponsor partner for Korea Blockchain Week. Its primary customer segment is broadly defined Web3/crypto industry participants (blockchain companies, DeFi protocols, Web3 developers), with no named enterprise anchor accounts disclosed. Pricing is not publicly disclosed, consistent with a research- and partnership-driven monetization model.
Leadership is centered on Chairman Xiao Feng, who concurrently serves as Chairman and CEO of HashKey Group, creating structural alignment between Wanxiang Blockchain Labs and one of Asia's largest digital asset financial services groups. The firm operates with 251–500 employees across East Asia (Hong Kong) and Asia Pacific (Korea), with no disclosed external funding rounds or revenue figures in the available source material.
Wanxiang Blockchain firmographics
Firmographics- Name
- Wanxiang Blockchain
- Legal name
- Wanxiang Blockchain Labs
- Website
- https://wxblockchain.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Wanxiang Blockchain Labs is a Shanghai-based blockchain research and event organization developing technology at the intersection of AI agents, blockchain, and privacy computing, serving the global Web3 and crypto industry primarily through industry events and research publications.
- Ownership category
- akta.pro rank
Wanxiang Blockchain industry classification
Industry- Product category
- Blockchain Technology Research
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI)
- akta.pro secondary industries
- Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ), Trade Finance & Supply Chain Tokenization (invoices, bills of lading, provenance) (FSAPAIAK), Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB)
Keywords
Where Wanxiang Blockchain is headquartered
LocationHeadquarters
- HQ city
- Shanghai
- HQ country
- China
- HQ region
- Asia
Markets served
Wanxiang Blockchain business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Personnel, Others
Revenue model
- Event Organization and Co-hosting: Generating revenue through organizing and co-hosting major Web3 events and conferences in Asia.
- Token Economics Research and Consulting: Publishing white papers on token economics (Version 3.0 released 2026) and providing research insights for AI agent economy model innovation.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Wanxiang Blockchain product offering
Product offeringCore offering
Wanxiang Blockchain Labs is a blockchain research and applications organization that publishes token economics white papers, co-hosts flagship Web3 industry events across Asia (notably the Hong Kong Web3 Festival with HashKey Group), and develops AI-plus-blockchain-plus-privacy computing research including fully homomorphic encryption chips and programmable "token factory" infrastructure for global data asset trading.
Product overview
Wanxiang Blockchain focuses on blockchain technology research and applications. The company, led by Chairman Xiao Feng, has released the 2026 Token Economics White Paper (Version 3.0) which addresses the convergence of AI agents with cryptocurrency and blockchain technology. Their research encompasses privacy computing technologies including zero-knowledge proofs and fully homomorphic encryption, enabling 'token factories' for programmable digital currency and global data asset trading. Wanxiang Blockchain Labs co-hosts the Hong Kong Web3 Festival with HashKey Group, positioning itself at the intersection of AI and Web3 innovation.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Fully homomorphic encryption chips achieving 1,000 transactions per second
Companies that use Wanxiang Blockchain
Customer profileSegments1 record
Ideal customer profiles1 record
Wanxiang Blockchain technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature3 records
Wanxiang Blockchain partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship, core and minor.
- HashKey GroupflagshipHashKey Group is a prominent digital asset financial services group. Wanxiang Blockchain Labs co-hosts the Hong Kong Web3 Festival 2026 with HashKey Group, with Chairman Xiao Feng serving as both Chairman of Wanxiang Blockchain and Chairman and CEO of HashKey Group.
- Korea Blockchain Week (KBW2026)coreKBW2026 is announced as Secondary Exhibition Sponsor at Hong Kong Web3 Festival 2026. The events are co-hosted, with the Korea Blockchain Week scheduled in Seoul in September, promoting cross-regional Web3 growth and innovation.
- ArkreencoreArkreen is a DePIN-powered global energy network focused on connecting distributed renewable assets and promoting sustainability through blockchain technology. Arkreen participates as Co-organizer of the Hong Kong Web3 Festival 2026.
- Finanx AIminorFinanx AI integrates AI with decentralized finance. Announced as Platinum Sponsor at Hong Kong Web3 Festival 2026, highlighting its role in the AI+DeFi convergence.
- W3MEcoreW3ME is the primary organizer of the Hong Kong Web3 Festival. Wanxiang Blockchain Labs co-hosts the event with W3ME and HashKey Group.
- CyberportminorCyberport is a Hong Kong government-supported digital entertainment hub. Strategic partnership forged for Hong Kong Web3 Festival 2026.
- Hong Kong Trade Development CouncilminorHong Kong Trade Development Council (HKTDC) partnered for Hong Kong Web3 Festival 2026 to promote Web3 growth and innovation.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Wanxiang Blockchain competitors and assessment
Company assessmentDirect peers
- Polygon Labs: Blockchain scaling and infrastructure company built around zero-knowledge proofs (Polygon zkEVM, Polygon Miden, Polygon Plonky3). Directly comparable on privacy computing via ZK technology and on tokenization/asset infrastructure, though Polygon is significantly better capitalized.
- HashKey Group: Hong Kong-headquartered digital asset financial services group offering licensed exchange, custody, and asset management. Chairman overlap with Wanxiang Blockchain (Xiao Feng) makes this a sister organization; the two co-host the Hong Kong Web3 Festival and share a Web3 ecosystem development mandate across Asia.
- ConsenSys: Major Ethereum-focused blockchain infrastructure and research organization (MetaMask, Infura, Linea). Comparable as a vertically integrated Web3 research + infrastructure + ecosystem player, though with deeper productized revenue and global rather than Asia-centric reach.
- StarkWare: Developer of STARK-based zero-knowledge proof systems (StarkNet, StarkEx). Comparable on the privacy computing / ZK infrastructure axis that Wanxiang cites as a core differentiator, and operates a similar research-heavy, tokenization-adjacent model.
- Fireblocks: Institutional digital asset custody, settlement, and tokenization infrastructure provider. Comparable on the secure-infrastructure-for-digital-assets axis (Wanxiang's FHE/token factory roadmap overlaps with Fireblocks' tokenization and MPC-based custody stack).
Emerging players
- Mysten Labs: Developer of the Sui blockchain, focused on high-throughput, asset-oriented L1 infrastructure. Comparable as an emerging infrastructure player combining research depth with tokenization-friendly architecture, though with stronger venture backing and deployed mainnet.
- Zama: Open-source cryptography company building fully homomorphic encryption (FHE) tooling for AI and blockchain applications (Concrete, fhEVM). Direct technical competitor on the FHE/privacy computing axis where Wanxiang claims proprietary chip capability.
Broad incumbents
- Chainalysis: Blockchain analytics, compliance, and investigation platform used by governments and institutions. While different in product (analytics vs. infrastructure), it represents an adjacent compliance/audit dimension of the digital asset stack that Wanxiang's privacy computing work touches.
- Alchemy: Leading blockchain developer platform providing node infrastructure, APIs, and tooling across multiple chains. Broader in scope than Wanxiang but comparable as developer- and infrastructure-facing Web3 platform with significant ecosystem influence.
Others
- Web3 Foundation: Foundation stewarding the Polkadot/Substrate ecosystem. Comparable as an ecosystem- and standards-orchestrating organization funding research, events, and infrastructure — a model adjacent to Wanxiang's consortium-building role in Asian Web3.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Wanxiang Blockchain social profiles
Digital presenceWanxiang Blockchain financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wanxiang Blockchain leadership team
Management profileNumber of profiles
Profiles2 records
Wanxiang Blockchain funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wanxiang Blockchain M&A and investment
M&A and investmentM&A
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wanxiang Blockchain
What does Wanxiang Blockchain do?
Wanxiang Blockchain Labs is a blockchain research and applications organization that publishes token economics white papers, co-hosts flagship Web3 industry events across Asia (notably the Hong Kong Web3 Festival with HashKey Group), and develops AI-plus-blockchain-plus-privacy computing research including fully homomorphic encryption chips and programmable "token factory" infrastructure for global data asset trading.
Is Wanxiang Blockchain a public or private company?
Wanxiang Blockchain is a private company. It is classified as unknown and is currently operating.
When was Wanxiang Blockchain founded?
Wanxiang Blockchain was founded in 2016. It employs 251 to 500 people.
Where is Wanxiang Blockchain based?
Wanxiang Blockchain is headquartered in Shanghai, China, in the Asia region.
How does Wanxiang Blockchain make money?
Two revenue lines are on record. Event Organization and Co-hosting is the primary driver. The others are token Economics Research and Consulting.
Who are Wanxiang Blockchain's main competitors?
Direct peers on record are Polygon Labs, HashKey Group, ConsenSys, StarkWare and Fireblocks. Emerging players are Mysten Labs and Zama. Broad incumbents are Chainalysis and Alchemy. Web3 Foundation is listed as an others.
Does Wanxiang Blockchain have an API?
No public API is recorded for Wanxiang Blockchain.
What industry is Wanxiang Blockchain in?
Wanxiang Blockchain's product category is Blockchain Technology Research. Its primary akta.pro industry code is FSAPAJAI, Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance), with a secondary code of FSAGAMAJ, Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring). Its NAICS code is 518210 and its SIC code is 6200.