What Blockchain Italia does

Blockchain Italia is a Milan-based software house founded in 2018 by Pietro Azzara (CEO) and Michelangelo Riccobene that designs and develops blockchain, Web3, and dApp solutions for enterprise, financial, and public-sector clients. The company operates as a private Italian S.r.l. with a team of approximately 15 specialists and is among the first 12 global preferred partners of Algorand. Its core product set includes Dedit.io (a multi-chain notarization platform with SPID login and FEA-compliant signatures, adopted by 5000+ customers and available via white-label and API), Folks Finance (the leading non-custodial DeFi protocol on Algorand supporting lending, borrowing, swap, and governance), TokNox (an asset tokenization platform presented at CES 2024), Folks Feed Oracle, the MusaNFT marketplace, the Newty NFT ticketing solution, and the Itachain Made-in-Italy traceability platform.

The company monetizes through three primary streams: bespoke professional-services engagements (architecture, smart-contract, UX/UI, and full-stack development) for enterprise clients such as BNL, BNP Paribas, Auditel, IMQ, and ICE; recurring SaaS subscriptions and white-label/API licensing of Dedit.io; and platform/transaction-based fees from TokNox and the Folks Finance ecosystem. Go-to-market is sales-led and event-driven, leveraging direct enterprise relationships, the owned Blockchain Forum Italia format, hackathon presence, and international showcases such as CES 2024 and INATBA Awards. Certifications (ISO 9001, ISO 27001, ISO 14064-1, SA 8000), OAM registration as a virtual currency operator, and selection to the European Blockchain Sandbox cohort 1 collectively form the compliance backbone supporting regulated-sector sales across Italy and Europe.

Name

Blockchain Italia

Legal name

Blockchain Italia S.r.l.

Website

https://blockchainitalia.io

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Blockchain Italia is a Milan-based software house founded in 2018 that builds blockchain, Web3, and dApp solutions (including Dedit.io notarization, Folks Finance DeFi, and TokNox tokenization) for Italian and European enterprise, financial, and public-sector clients.

Ownership category

akta.pro rank

Product category

Blockchain Software Development

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)

akta.pro secondary industries

Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Private Credit & Loan Tokenization Platforms (FSADAEAD), Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI)

Keywords

• Blockchain software development
• Web3 consulting services
• Dapp development
• Blockchain notarization
• Defi protocol development

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Custom Software Development and Consulting: Tailored blockchain and Web3 solutions developed from initial client brief through product delivery. Services include consulting, architecture design, front-end/back-end development, smart contract development, UX/UI design, and project management. Revenue generated through project-based engagements for enterprise and institutional clients.
2. Dedit.io SaaS Platform: Notarization platform offered as subscription service with 5000+ customers. Available as white-label solution for partners and API integration for enterprise clients. Platform supports multi-blockchain notarization with SPID login and FEA-compliant signatures.
3. TokNox Tokenization Platform: Asset tokenization platform for document management, digital signatures, and secure storage on Algorand blockchain. Revenue model includes platform licensing and transaction-based fees for tokenization operations.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Blockchain Italia is a software house that designs, develops, and operates blockchain, Web3, and dApp solutions for enterprises and institutions. Core offerings include custom blockchain consulting and development services alongside proprietary platforms such as Dedit.io (notarization), TokNox (tokenization), Folks Finance (DeFi protocol on Algorand), Toknar INVOIX (invoice finance), MusaNFT (NFT marketplace), Newty (NFT ticketing), and Itachain (supply chain traceability).

Product overview

Blockchain Italia is a Milan-based software house offering a portfolio of blockchain, Web3, and dApp solutions. Their core products include Dedit.io (blockchain notarization and document signing platform), Folks Finance (DeFi lending/borrowing protocol on Algorand), TokNox (tokenization platform), and Toknar INVOIX (invoice finance via fractional NFTs). Additional offerings span NFT marketplaces (MusaNFT, Liquid Vineyards), ticketing solutions (Newty, Blockchain Forum Italia), traceability (Itachain), oracles (Folks Feed Oracle), and enterprise blockchain integrations (BNL, IMQ, Auditel). The company also develops specialized projects like MEDITA for immersive theatre and GreenPower cryptocurrency/DAO. Services include blockchain-agnostic consulting, Web3 training, DAO creation, and startup incubation support.

Differentiator

Problem solved

Functional benefit

Brands

• Folks Finance: DeFi protocol developed by Blockchain Italia on Algorand blockchain for non-custodial management of digital assets with lending, borrowing, swap, and governance participation features.
• Dedit.io
• TokNox
• MusaNFT
• Newty
• Blockchain Forum Italia

Products and services

• Dedit.io Blockchain-based notarization platform for authentication, signing, archiving, and secure sharing of digital assets and documents. Supports SPID login, 2FA, FEA-compliant signatures, and integrates with Ethereum, EVM-compatible blockchains, and Algorand. Available as white-label solution and API integration. Used by 5,000+ customers including BNL, IMQ, Auditel, and CNEBIFIR.
• TokNox Tokenization platform on Algorand blockchain for notarizing, archiving, and signing any type of digital asset. Features digital signatures with timestamps and compliance with legal standards for asset tokenization, digital document management, and secure storage.
• Folks Finance Non-custodial DeFi protocol on Algorand providing tools for managing digital assets with lending, borrowing, swaps, and Algorand Governance participation through liquid governance mechanisms. The leading DeFi protocol on the Algorand ecosystem and winner of the INATBA Best DeFi 2023 award.
• Toknar INVOIX

Quantifiable outcome

• 5000+ customers on Dedit.io platform
• +3 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature8 records

Partnerships

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

• Ministry of Culture (Ministero della Cultura)flagshipStrategic or Co-development Partner · 20 January 2024Blockchain Italia serves as technology partner for MEDITA project (Multimedia Environment for Digital Immersive Theatre Access), part of CHANGES program under PNRR. Develops blockchain components including NFT ticketing, smart contract-based fee distribution, and digital twins for immersive theater experiences.
• OneMore PicturesflagshipStrategic or Co-development Partner · 20 January 2024Project leader for MEDITA initiative along with Blockchain Italia and University of Teramo. OneMore Pictures leads cultural/artistic direction while Blockchain Italia provides blockchain technology components.
• University of TeramoflagshipStrategic or Co-development Partner · 20 January 2024Academic partner in MEDITA project combining blockchain technology with academic research for immersive theater accessibility.
• AlgorandcoreStrategic or Co-development Partner · 1 January 2018Among first 12 global preferred partners of Algorand. Deep technical partnership including DeFi protocol development (Folks Finance), oracle systems (Folks Feed Oracle), NFT platforms, and tokenization solutions. Blockchain Italia is core contributor to Algorand ecosystem with institutional-grade, carbon-negative blockchain technology.
• Open Innovation ItaliacoreStrategic or Co-development PartnerBlockchain Italia is founding member of Open Innovation Italia. CEO Pietro Azzara participates in high-profile innovation events including Progetto Vasari 450 alongside leaders from Illimity Bank and government officials.
• INATBA (International Association for Trusted Blockchain Applications)coreStrategic or Co-development PartnerActive member participating in INATBA Awards with multiple project wins. Engagement in blockchain ecosystem dialogue and regulatory advocacy at European level.
• Italia4BlockchaincoreStrategic or Co-development PartnerCEO Pietro Azzara serves as President of Italia4Blockchain Association. Core partner for Italian blockchain ecosystem development and advocacy.
• ICE (Italian Trade & Investment Agency)flagshipChannel Partner/ Reseller/ DistributorLed Italian pavilion delegation at CES 2024 with 50 startups from 13 regions. Supported Blockchain Italia's TokNox platform presentation at international stage. Key partner for international market expansion.
• BNL (Banca Nazionale del Lavoro)coreStrategic or Co-development PartnerJoint development of blockchain notarization solution for remote document signing with FEA-compliant signatures and SPID integration. Won MF Innovation Award 2023 together. Active collaboration with BNP Paribas on additional PoCs.
• BNP ParibasminorStrategic or Co-development PartnerParticipating with BNL in PoC development for blockchain-based remote document signing solutions.
• Bird & Bird (Law Firm)coreImplementation/ SI/ Consulting PartnerEuropean Blockchain Sandbox led by Bird & Bird in collaboration with OXYGY and Warren Brandeis. Provided regulatory guidance and strategic support for Dedit.io and TokNox sandbox participation.
• European CommissionflagshipStrategic or Co-development PartnerSelected participant in European Blockchain Sandbox cohort 1 (2023-2024) with Dedit.io and TokNox. Engaged with approximately 50 European regulatory authorities through sandbox program.
• Algorand FoundationcoreStrategic or Co-development PartnerSupervision partnership for Folks Feed Oracle development. Foundation oversees Algorand ecosystem development and provides guidance for infrastructure projects.
• CNEBIFIRminorOEM/ Whitelabel/ Licensing PartnerWhite-label deployment of Dedit.io platform for member companies. Provides blockchain training and notarization packages for network members.
• Banca d'ItaliaflagshipStrategic or Co-development PartnerRecognized as innovative regulator in European Blockchain Sandbox. Collaborated on regulatory dialogue for blockchain adoption in Italian financial sector.
• Academic Partners (Babel, Mercatorum, Federico II, Napoli FinTech, Osservatori Politecnico Milano)minorStrategic or Co-development PartnerAcademic partnerships for blockchain education, research, and talent development. Includes collaboration with blockchain observatories and fintech research centers.
• HSPI and InnovaminorStrategic or Co-development PartnerCollaborated on Itachain project for TrackIT blockchain traceability solution for Made in Italy products in agri-food and textile sectors.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Blockdaemon: Blockchain infrastructure provider offering node deployment, staking, and institutional Web3 services. Comparable as a multi-chain enterprise blockchain services and infrastructure vendor.
• Alchemy: Web3 developer platform providing blockchain infrastructure, APIs, and tooling that enables enterprises and developers to build dApps. Comparable as a multi-chain Web3 infrastructure and tooling provider.
• Consensys: Largest independent blockchain software house, builder of MetaMask, Infura, and enterprise Ethereum tooling. Directly comparable as a vertically integrated Web3 software and product company serving enterprise and protocol markets.
• Kaleido (ConsenSys): Enterprise blockchain platform offering managed nodes, tokenization, and digital asset infrastructure on multiple chains. Comparable to Blockchain Italia's TokNox and Dedit.io offerings for enterprise digital-asset and notarization use cases.

Emerging players

• Tatum: Unified blockchain development platform offering APIs, smart contract templates, and tokenization tooling. Comparable as a developer-tooling and tokenization infrastructure vendor, though with a self-serve PLG focus rather than bespoke enterprise delivery.
• Moralis: Web3 development platform providing APIs, SDKs, and infrastructure for dApp builders across multiple chains. Comparable as a multi-chain Web3 developer tooling vendor with overlap in tokenization and dApp enablement.
• Chainstack: Managed blockchain infrastructure and node services across multiple chains with enterprise SLAs. Comparable as a multi-chain Web3 infrastructure provider serving enterprise developers.

Broad incumbents

• Accenture: Global consultancy with a sizable blockchain and digital assets practice delivering enterprise solutions to financial institutions. Comparable as a broad incumbent offering enterprise blockchain consulting and implementation, but at vastly larger scale and as one of many service lines.
• Reply S.p.A. Italian-headquartered IT consultancy with a dedicated blockchain and Web3 practice serving enterprise clients across Europe. Comparable as an Italian-rooted enterprise blockchain services provider, though operating at much larger scale and breadth.
• NTT Data: Global IT services firm with a dedicated blockchain and Web3 practice working with European banks and public-sector clients. Comparable as an enterprise IT incumbent with European blockchain delivery capability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/blockchainitalia.io
• LinkedInlinkedin.com/company/blockchainitalia-io
• Instagraminstagram.com/blockchainitalia.io

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Blockchain Italia