KoreChain

What KoreChain does

KoreChain Inc., founded in 2016 and headquartered at 1 World Trade Center, Suite 8500 in New York, operates a private, permissioned blockchain platform built on Hyperledger Fabric that is purpose-built to manage the full lifecycle of tokenized securities for the private capital markets. The platform comprises 40 capabilities organized across seven layers, ranging from bare-metal blockchain infrastructure to functional capabilities such as KoreProtocol (smart-contract specification), KoreContracts (compliant contracts written in Golang with judicial and Ricardian encoding), KoreAPI (REST interfaces in Node.js), KoreSettlement (ATS trade settlement with double-spending prevention), KoreID (issuer identity and SSO), and KoreToken (issuance template). In 2022 KoreChain became the first blockchain SEC-Qualified for private offerings under Regulation A+ of the JOBS Act, a credential it explicitly markets as its core differentiator.

The platform is delivered primarily through the KoreNode product family — KoreNode, KoreNode Compliance Desk, KoreNode Capital Markets, and KoreNode Marketplace — enabling broker-dealers, transfer agents, ATS operators, marketplaces, and issuers to handle KYC/AML, suitability, accreditation, primary issuance, secondary trading, and cap-table management across multiple jurisdictions with support for RegCF, RegD, RegS, and RegA+ workflows. KoreNodes are operated by independent regulated entities across 23 countries on five major cloud providers, creating a distributed governance architecture rather than a centrally controlled ledger.

KoreChain monetizes through subscription access to platform infrastructure, transaction and settlement fees for ATS-routed and direct transfers, and implementation or technical-support services, with a publicly visible free-sign-up entry point. Customers and ecosystem participants span capital markets (AndesCapital, Title3Funds, Spark Exchange, RialtoMarkets, RedCrowSecurities, TextureCapital, JumpstartSecurities, EnergyShares, gotoCrowd, Arcview, NetShares), trust services (New Direction Trust Company), financial services (Mundial Financial Group), and payments (Nuvei, PayScout). Go-to-market combines enterprise direct sales, content and webinar-driven education (including the KoreSummit Blockchain Summit), and a marketplace distribution layer. Ownership is founder-controlled across four co-founders — Oscar A. Jofre (President & CEO), Dr. Kiran Garimella (CSO/CTO), Jason Futko (CFO), and Peter Daneyko (CRO) — with a high-profile advisory bench including David Weild IV (Father of the JOBS Act and former NASDAQ Vice Chairman). The company is privately held, has no disclosed funding rounds or external institutional capital, and operates with an 11–50 employee footprint.

Name

KoreChain

Legal name

KoreChain Inc.

Website

https://korechain.io

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

KoreChain operates a private, permissioned Hyperledger Fabric blockchain that manages the full lifecycle of tokenized securities for the private capital markets, serving broker-dealers, transfer agents, ATS platforms, issuers, and investors across multiple jurisdictions. It became the first blockchain SEC-Qualified for capital-raising offerings in 2022.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Platform/Subscription Services: KoreChain offers its platform and services including subscription access to the KoreChain infrastructure, KoreNode deployment, and all-in-one platform functionality for broker-dealers, companies, and other regulated entities.
2. Transaction/Settlement Fees: Revenue from settlement of direct transfers and secondary trades from ATS platforms, including transfer request processing and cap table updates.
3. Professional Services: Additional services including implementation, technical support, and potentially professional services as referenced in Terms and Conditions.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels9 records

Core offering

KoreChain provides a private, permissioned AI-driven blockchain platform built on Hyperledger Fabric for managing the full lifecycle of tokenized securities across private capital markets. The platform offers broker-dealers, transfer agents, companies, and marketplaces compliant infrastructure for issuance, trading, settlement, and corporate actions, and was the first blockchain to be SEC-Qualified for companies raising capital. Integrated solutions include KoreNode for regulated entity participation, KoreSettlement for ATS trade settlement, KoreID Verified for issuer identity assurance, and KoreNode Marketplace for compliant buyer-seller connectivity.

Product overview

KoreChain is a unified SEC-qualified blockchain platform for the private capital markets, built on Hyperledger Fabric with 40 capabilities across seven layers. The platform consists of a core blockchain infrastructure (KoreChain) with integrated products including KoreNode (for regulated entity participation), KoreSettlement (for ATS trade settlement), and KoreID Verified (for identity verification). Supporting components include KoreProtocol (smart contract specification), KoreContracts (Golang-based compliant smart contracts), KoreAPI (REST APIs in Node.js), and KoreToken (token issuance template). The platform is offered through multiple solution packages: KoreNode Capital Markets (capital formation), KoreNode Compliance Desk (regulatory compliance), KoreNode MarketPlace (buyer/seller marketplace), and KoreNode (core participation mechanism), all powered by AI/ML for risk management and data analysis.

Differentiator

Problem solved

Functional benefit

Brands

• KoreNode: A mechanism for regulated entities to participate in the KoreChain blockchain network. Each KoreNode participates in transactions for which the operator has regulatory accountability.
• KoreNode Compliance Desk
• KoreNode Capital Markets
• KoreNode Marketplace
• KoreSettlement
• KoreID
• KoreID Verified

Products and services

• KoreChain Platform A private and permissioned blockchain built on Hyperledger Fabric, serving as the core infrastructure for managing tokenized securities with 40 capabilities across seven layers, for broker-dealers, transfer agents, companies, and marketplaces.
• KoreNode A participation mechanism that enables regulated entities such as broker-dealers, transfer agents, law firms, auditors, regulators, and ATS platforms to join the KoreChain network, with each KoreNode operator accountable for transactions it processes.
• KoreNode Compliance Desk Compliance management solution for broker-dealers facilitating efficient compliance with regulatory requirements including KYC/AML, suitability, and investor accreditation under RegCF, RegD, RegS, and RegA+.
• KoreNode Capital Markets Online capital formation platform enabling multi-jurisdiction operations with multiple broker-dealers, supporting primary and secondary market trading across traditional securities, STOs, DSOs, NFTs, and equity crowdfunding.
• KoreNode MarketPlace Marketplace solution enabling companies to launch compliant buyer/seller platforms across sectors such as real estate, collectibles, and franchises, with built-in SEC intermediary compliance.
• KoreSettlement Settlement solution performing complete settlement of direct transfers and secondary trades from Alternative Trading System (ATS) platforms, with double-spending prevention.
• KoreID Verified Certification mark and identity verification system for issuers to display on their websites, providing assurance to investors on company legal name, CIK number, URL, location, regulation, raise amount, SEC offering link, and transfer agent verification.

Quantifiable outcome

• $4.5 trillion private companies market opportunity targeted
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability5 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Crowdfund MainstreetminorChannel Partner/ Reseller/ DistributorPartner platform providing access to private capital markets for issuers and investors, integrated into KoreChain ecosystem
• EquistakeminorChannel Partner/ Reseller/ DistributorPartner platform in the private capital markets ecosystem integrated with KoreChain infrastructure
• FundopolisminorChannel Partner/ Reseller/ DistributorFunding platform partner integrated with KoreChain for capital formation and investment access
• Justly MarketsminorChannel Partner/ Reseller/ DistributorCapital markets partner integrated with KoreChain ecosystem for compliant securities transactions
• ArtXminorChannel Partner/ Reseller/ DistributorPartner platform integrated with KoreChain for asset tokenization and marketplace services
• BenzingaminorGTM or Marketing PartnerFinancial media and content partner providing marketing visibility and thought leadership content
• AndesCapitalminorOthersCapital markets participant in KoreChain ecosystem, appears on homepage as ecosystem member
• Spark ExchangecoreOthersSecondary market operator integrated with KoreChain for compliant trading operations

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Securrency: Securrency (now part of the TradeSun ecosystem) built compliance and interoperability infrastructure for tokenized securities across permissioned and public chains. Comparable to KoreChain's compliance, interoperability (KoreAPI), and multi-jurisdiction functionality for institutional securities.
• Securitize: Securitize is the leading RWA tokenization platform for private securities, offering issuance, compliance, and secondary trading on a permissioned infrastructure. It is the closest direct competitor to KoreChain in target market (private capital markets), product (tokenized securities lifecycle), and business model (B2B infrastructure for issuers and broker-dealers).
• Polymath: Polymath is a security token issuance platform built on permissioned blockchain rails (originally Polymesh) for compliant securities lifecycles. Comparable to KoreChain in permissioned-architecture philosophy, compliance smart contracts, and target issuer segments.
• Tokeny: Tokeny provides enterprise-grade infrastructure for issuing, managing, and trading tokenized securities, with built-in compliance (KYC/AML, transfer restrictions). Directly comparable to KoreChain's KoreContracts, KoreID, and SEC-qualified issuance positioning for regulated issuers.
• tZERO: tZERO operates a regulated ATS and tokenization platform for private securities, combining issuance infrastructure with secondary trading and settlement. Comparable to KoreChain on the ATS/KoreSettlement integration, broker-dealer network, and SEC-regulated product overlap.

Emerging players

• Vertalo: Vertalo provides cap-table management and tokenized-securities issuance infrastructure for private equity, real estate, and venture issuers. Comparable to KoreNode Capital Markets and KoreID Verified for issuer onboarding, KYC, and compliance tooling.

Broad incumbents

• Chainalysis: Chainalysis offers blockchain analytics, AML/KYC, and compliance tooling for digital-asset markets. Comparable on the compliance/regtech component of KoreChain's stack (KoreID, KYC/AML integrations, anomaly detection) rather than the core issuance/settlement rails.
• BitGo: BitGo provides qualified custody and institutional trading infrastructure for digital assets, including tokenized securities. Comparable as a broader incumbent in institutional digital-asset infrastructure overlapping KoreChain's regulated entities and KoreSettlement use cases.
• Fireblocks: Fireblocks offers institutional digital-asset custody, transfer, and settlement infrastructure, including tokenized securities workflows. Comparable to KoreChain's settlement/securities-transfer capabilities (KoreSettlement) and compliance posture, though Fireblocks spans broader digital-asset classes beyond securities.

Others

• Hyperledger Foundation: Hyperledger is the Linux Foundation-hosted open-source consortium behind Hyperledger Fabric, the underlying permissioned blockchain that KoreChain's core rails are built on. Listed as a technology ecosystem peer rather than a competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/korechain
• YouTubeyoutube.com/@korechain
• Facebookfacebook.com/korechain
• LinkedInlinkedin.com/company/korechain

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 KoreChain