Blockchain Association Singapore

What Blockchain Association Singapore does

Blockchain Association Singapore (BAS) is a Singapore-based, membership-driven industry association representing the country's blockchain and Web3 ecosystem. Founded in November 2018 as the Token Economy Association and rebranded to its current name in April 2020, BAS operates three membership tiers — Corporate, Individual (S$149 + GST per year), and Blockchain Explorer (complimentary for full-time students in year one, S$75 + GST from year two) — and serves companies, professionals, and students seeking to engage with Singapore's blockchain community, regulators, and global stakeholders.

The association's core offerings are professional certification courses delivered jointly with academic partners. The current portfolio includes a Certificate in Anti-Money Laundering (3-day program at S$3,270 full fee, subsidised via SkillsFuture), a Specialist Certificate in KYC/CDD for Blockchain & Digital Assets, a Specialist Certificate in Stablecoin Issuance, Risk & Governance, and the BAS × SUTD Regulatory Compliance for Blockchain course. Certificates are co-issued with SUTD Academy and align with MAS Notices, the Payment Services Act, the MAS Stablecoin-Related Activities regime, FATF Recommendations, EU MiCA, and US/HK frameworks. BAS complements these with a recurring event program — most notably the monthly "Block Your Thursday" community townhall and the cross-border Digital Asset Forum: Convergence — and an active advisory and regulatory subcommittee structure chaired by senior compliance and legal practitioners.

BAS generates revenue through recurring membership subscriptions, one-off individual payments, and fee-based professional education programs, with additional non-cash support from partnership contributions. Distribution runs through singaporeblockchain.org, partnered event channels (GITEX Asia, Unchained Summit Dubai), academic resellers (SUTD Academy, Singapore Polytechnic), and a multi-platform social presence. It is governed as a private non-profit association with a small core staff (1–10) and an Advisory Board that includes the former CEO of Abu Dhabi Global Market's Financial Services Regulatory Authority.

Name

Blockchain Association Singapore

Legal name

Blockchain Association Singapore

Website

https://singaporeblockchain.org

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Blockchain Association Singapore (BAS) is a Singapore-based non-profit industry association that runs a three-tier membership program and jointly-awarded professional certification courses in blockchain compliance, AML, KYC/CDD, and stablecoin governance, serving corporates, professionals, and students across Singapore's Web3 ecosystem.

Ownership category

akta.pro rank

Product category

Blockchain Industry Association

NAICS

Business Associations (813910), Professional Organizations (813920), Convention and Trade Show Organizers (56192)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH)

akta.pro secondary industries

Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)

Keywords

• Blockchain education
• Industry association
• Professional certification
• Membership services
• Regulatory compliance training

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Corporate Membership Fees: BAS generates revenue through Corporate Membership fees from established companies, institutions, and startups participating in the blockchain and Web3 ecosystem. Membership provides access to networking opportunities, industry insights, and the ability to connect with industry leaders.
2. Individual Membership Fees: Individual membership fees for professionals, researchers, and enthusiasts. Options include one-time (SGD 149 + GST) or annual billing at the same rate with automatic renewal.
3. Blockchain Explorer Student Membership: Complimentary first-year membership for full-time students passionate about blockchain, with SGD 75 + GST annual fee from second year onward.
4. Professional Education Courses: BAS offers fee-based professional certification courses including the Certificate in Anti-Money Laundering (S$3,270 full fee), Specialist Certificate in KYC/CDD for Blockchain & Digital Assets, and Specialist Certificate in Stablecoin Issuance, Risk & Governance. Courses are delivered in partnership with SUTD Academy and include SkillsFuture Singapore subsidies.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Blockchain Association Singapore (BAS) operates as a membership-based industry association that delivers blockchain education, professional certification, and community engagement services to Singapore's blockchain ecosystem. Its core offerings include three tiers of membership (Corporate, Individual, Blockchain Explorer for students), fee-based professional certification courses in AML, KYC/CDD, stablecoin governance, and regulatory compliance delivered with SUTD Academy, and recurring community programs such as the monthly "Block Your Thursday" townhall and the Digital Asset Forum.

Product overview

Blockchain Association Singapore (BAS) is a membership-based industry association rather than a software product company. The organization offers a portfolio of professional education programs (certificates in Anti-Money Laundering, KYC/CDD, Stablecoin Governance, and Regulatory Compliance delivered in partnership with SUTD), three-tiered membership programs (Corporate, Individual, and Blockchain Explorer for students), and community events including the monthly Block Your Thursday townhall series and Digital Asset Forum. The educational offerings are standalone certificate programs, not modular components of a unified platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Membership
• Individual Membership
• Blockchain Explorer Membership
• BAS Certificate in Anti-Money Laundering
• BAS Specialist Certificate in KYC/CDD for Blockchain & Digital Assets
• BAS Specialist Certificate in Stablecoin Issuance, Risk & Governance
• BAS x SUTD Regulatory Compliance for Blockchain
• Block Your Thursday Community Townhall Series
• Digital Asset Forum: Convergence

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered major, strategic, core and minor.

• Unchained Summit DubaimajorGTM or Marketing Partner · 1 May 2026BAS is an Association Partner for Unchained Summit Dubai 2026, a curated Web3 and crypto conference for builders, investors, and institutions held May 1-2, 2026 at W Dubai - The Palm.
• GITEX AsiamajorGTM or Marketing Partner · 9 April 2026BAS is an Association Partner for GITEX Asia Singapore 2026, Asia's largest and most global tech and startup event held at Marina Bay Sands on April 9-10, 2026.
• Hong Kong Digital Asset SocietystrategicGTM or Marketing Partner · 13 February 2026BAS co-hosted the Digital Asset Forum: Convergence with the Hong Kong Digital Asset Society, ZA Bank, and VerifyVASP to bring together compliance, regulation, and policy voices from Hong Kong and Singapore following Consensus Hong Kong 2026.
• VerifyVASPstrategicTechnology or Integration · 13 February 2026VerifyVASP co-hosted the Digital Asset Forum: Convergence with BAS and other partners. VerifyVASP provides Travel Rule compliance solutions for virtual asset service providers.
• ZA BankstrategicGTM or Marketing Partner · 13 February 2026ZA Bank, Hong Kong's first virtual bank, co-hosted the Digital Asset Forum: Convergence alongside BAS and other partners to explore crypto and traditional finance intersection.
• Singapore PolytechniccoreStrategic or Co-development Partner · 25 July 2025BAS signed an MOU with Singapore Polytechnic in July 2025 to collaborate on blockchain education and professional development programs. The partnership builds on previous collaborations including the Token Economy Association's earlier work with the polytechnic on FinTech and blockchain courses for working professionals.
• Global Sports Innovation Center (gSIC)strategicStrategic or Co-development Partner · 21 November 2021BAS announced a strategic partnership with the Global Sports Innovation Center to bridge blockchain technology with the sports industry, exploring applications at the intersection of sports and emerging technologies.
• STACS (Singapore FinTech STACS)minorStrategic or Co-development Partner · 16 November 2021STACS partnered with BAS to build a blockchain-based registry for ESG certifications and verified data, supporting sustainable finance initiatives.
• Algorand FoundationmajorStrategic or Co-development Partner · 15 November 2021BAS entered a partnership with the Algorand Foundation to drive blockchain development in Singapore and the wider region. The partnership aims to accelerate blockchain adoption and support ecosystem growth through joint initiatives.
• INATBA (International Association for Trusted Blockchain Applications)majorStrategic or Co-development Partner · 12 November 2021BAS signed a Memorandum of Understanding with INATBA to foster international collaboration in the blockchain ecosystem. INATBA promotes the use of blockchain across various sectors globally.
• NTUC and BFSU (Blockchain Training and FinTech Standards)coreStrategic or Co-development Partner · 26 June 2020BAS partnered with NTUC (National Trades Union Congress) and BFSU to grow blockchain talent and pipeline in Singapore. The partnership includes initiatives like the Digital Assets Compliance (Foundation) Course developed with Elliptic and GFI.
• Compliance CollectivecoreStrategic or Co-development Partner · 15 January 2020BAS signed an MOU with Compliance Collective, a consortium of 10 trusted consultancy and RegTech firms, to provide comprehensive compliance solutions for financial institutions and blockchain companies. The partnership aims to develop initiatives benefiting the blockchain community.
• Tribe AcceleratorcoreStrategic or Co-development Partner · 22 January 2019Tribe Accelerator, Singapore's first government-backed blockchain accelerator under TRIVE Ventures, partnered with BAS (then Token Economy Association) to drive FinTech and blockchain education. Tribe members serve as mentors and judges for assessment projects and hackathons.
• Singapore University of Technology and Design (SUTD)coreStrategic or Co-development PartnerBAS collaborates with SUTD Academy to deliver professional certification courses including the Regulatory Compliance for Blockchain course, Certificate in Anti-Money Laundering, Specialist Certificate in KYC/CDD for Blockchain & Digital Assets, and Specialist Certificate in Stablecoin Issuance, Risk & Governance. Certificates are jointly awarded by BAS and SUTD.
• EllipticcoreStrategic or Co-development PartnerElliptic collaborated with BAS and BFSU to launch the Digital Assets Compliance (Foundation) Course, training digital asset compliance professionals in Asia with global blockchain forensics expertise.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Hong Kong Digital Asset Society: Hong Kong-based industry association representing the digital asset ecosystem with cross-border engagement; BAS recently co-hosted the Digital Asset Forum: Convergence with this organization, and both serve as convening bodies for the regional crypto industry.
• INATBA (International Association for Trusted Blockchain Applications): Brussels-based global multi-stakeholder association for blockchain, with formal MOU partnership with BAS since 2021. Both organizations share a mission of advancing blockchain adoption through industry dialogue and policy engagement with regulators.
• Blockchain Australia: Australian national industry association for blockchain, providing policy advocacy, education, and networking across the regional Asia-Pacific ecosystem. Directly comparable to BAS in structure (non-profit, membership tiers, regulatory engagement).
• Japan Blockchain Association (JBA): Japan's principal self-regulatory body for crypto and blockchain businesses. Directly comparable to BAS in mission, self-regulatory mandate, and member-driven association structure, although it predates BAS and operates at larger scale.
• Korea Blockchain Association: Korean industry body promoting blockchain adoption and policy dialogue with Korean regulators. Comparable to BAS as a regional industry association serving a developed Asian digital asset market.
• European Blockchain Association: European counterpart operating similarly as a member-based industry advocacy and education body. Comparable membership-driven model and policy-facing role in a major regulatory jurisdiction (EU).

Broad incumbents

• Chamber of Digital Commerce: The world's leading blockchain trade association, headquartered in Washington DC. Operates as the primary US industry voice to regulators and policymakers, mirroring BAS's MAS-facing role at greater scale and longer standing.
• Blockchain Association (US): US-based non-profit industry association advocating for blockchain and digital asset policy. Comparable in mission to BAS as a trade body, although it is more litigation-focused and policy-vocational than education-focused.
• Crypto Council for Innovation: Global alliance of crypto industry leaders advancing sensible regulation. Membership-driven association similar in form to BAS, but with multinational corporate members and global rather than single-country remit.

Emerging players

• Algorand Foundation: Blockchain protocol foundation that partners with BAS (formal partnership since 2021). While not a peer in legal form, the foundation runs ecosystem-development and grant programs that overlap with parts of BAS's education and ecosystem-building mission.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/sg_blockchain
• YouTubeyoutube.com/channel/UCo60hqLSK9o2Y8VCF5l8SVA
• Facebookfacebook.com/singaporeblockchain.org
• LinkedInlinkedin.com/company/singaporeblockchain

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 Association Singapore