What Blockmaze does

Blockmaze Foundation is an independent non-profit organisation headquartered in Dubai, UAE, that governs the Blockmaze Layer-0 blockchain protocol purpose-built for regulated real-world asset (RWA) tokenisation. Built on Cosmos SDK with CometBFT Byzantine Fault Tolerant consensus and full EVM compatibility, the protocol embeds issuer accountability directly at the root layer through purpose-built modules: x/issuer-registry (storing KYC status, authorisation, proof deadlines, and standing history), x/token-registry (canonical token template definitions), and x/proof-cadence (automatic enforcement of proof submission deadlines with standing downgrades). Two proprietary token standards reflect distinct legal realities: BMZ20 for bearer-redeemable assets (stablecoins, commodity-backed tokens) with 15-day Proof-of-Reserves attestation, and BMZ3643 for registry-coherent title assets (real estate, title-dependent instruments) with Proof-of-Presence attestations aligned to off-chain government registries. Governance is exercised by a ten-member Governance Council of regulated entities using quadratic voting, which manages issuer permissions and protocol parameters but cannot reverse settlement finality.

The product surface spans the RWA Tokenization Platform (asset fractionalisation engine), Web Exchange (liquidity venue with Fireblocks institutional custody), SSO Service, Validator and Delegator infrastructure, GBMZ liquid staking derivative for governance participation, and the Sovereign Entity SDK for deploying jurisdiction-specific L1 chains connected via IBC. Business model mechanics include transaction/gas fees paid in BMZ, validator staking rewards (20% of 100 billion BMZ total supply allocated over a declining curve), issuer bonding commitments (BMZ locked as economic alignment, at risk if obligations are missed), and oracle-based verification services powered by Chainlink Proof of Reserve. Go-to-market is enterprise field sales targeting regulated financial institutions (asset managers, banks, securities issuers) and sovereign entities through a structured onboarding pipeline requiring KYB/KYC, Governance Council review, and DAO approval — a bespoke quote-based engagement model with no publicly disclosed pricing.

The company holds 40+ regulator-issued financial licences across 8 jurisdictions, certified by Guinness World Records. Strategic partnerships include Chainlink (core oracle infrastructure), Swift and DTCC (institutional payment and post-trade rails via the Sibos 2025 initiative), Fireblocks (custody), and DMCC (UAE/GCC regional distribution). Leadership comprises Co-Founder and CEO Tajinder Virk, Co-Founder and COO Puneet Mangal, and Strategic Advisor Sarvjeet Virk.

Name

Blockmaze

Legal name

Blockmaze Foundation

Website

https://blockmaze.org

Company type

Private

Operating status

Operating

Short description

Blockmaze Foundation operates a Layer-0 blockchain protocol purpose-built for regulated real-world asset tokenization, embedding issuer accountability, proof-cadence enforcement, and two asset-specific token standards (BMZ20 and BMZ3643) at the protocol root for institutional and sovereign clients.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure for RWA Tokenization

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)

akta.pro secondary industries

Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE), Transfer Agent, Cap Table & Token Lifecycle Management (registrar, corporate actions, burns/mints) (FSAPAIAF), Identity, Credentials & Permissioning for Enterprises (DID/VC, access control, attestations) (FSAPAIAG), RWA Oracles, Data Attestation & Proof-of-Reserve/Proof-of-Collateral (FSADAEAM), Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB), RWA Custody, Escrow & Collateral Management (FSADAEAO)

Keywords

• Layer-0 blockchain protocol
• Real-world asset tokenization
• Institutional blockchain infrastructure
• Regulated digital asset issuance
• Sovereign blockchain SDK

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction/Gas Fees: All L0 transactions consume gas paid in BMZ tokens. Validators and block proposers earn from transaction fees. The fee model is designed for institutional use cases with compliance logic overhead.
2. Validator Staking Rewards: Validators and delegators earn block rewards from BMZ emissions (20% of total supply allocated to long-term stakers/validators over a declining curve). Validators also earn commission on delegator earnings.
3. Issuer Bonding: Corporate issuers must bond/lock BMZ as an economic commitment. Bonded BMZ is at risk if the issuer fails obligations, providing economic alignment and a revenue-like mechanism for network participants.
4. Oracle-Based Verification Services: Blockmaze integrates Chainlink Proof of Reserve attestations (15-day cycle) as a core compliance pillar. Third-party auditors conduct independent attestation; the platform structure supports fee generation from verification workflows.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Blockmaze operates a Layer-0 blockchain protocol purpose-built for institutional real-world asset (RWA) tokenization, built on Cosmos SDK with CometBFT consensus and EVM compatibility. Its core deliverables are two proprietary token standards (BMZ20 for bearer-redeemable assets and BMZ3643 for registry-coherent title assets), an RWA Tokenization Platform, Web Exchange, DAO governance with quadratic voting, validator infrastructure, and a Sovereign Entity SDK for jurisdiction-specific L1 chains, all unified by protocol-level issuer registries and 15-day proof-of-reserves/presence attestations.

Product overview

Blockmaze is a Layer-0 blockchain protocol designed as foundational infrastructure for real-world asset (RWA) tokenization. Built on Cosmos SDK with CometBFT consensus and full EVM compatibility, Blockmaze provides a unified platform comprising: the Layer-0 root chain as the core settlement and consensus layer; two proprietary token standards (BMZ20 for bearer-redeemable assets and BMZ3643 for registry-coherent title assets); a multi-component ecosystem including the RWA Tokenization Platform for asset digitization, Web Exchange for trading with Fireblocks custody, DAO Governance Platform with quadratic voting using GBMZ tokens, Validator and Delegator applications for network participation, and SSO Service for unified access. The Sovereign Entity SDK enables deployment of jurisdiction-specific sovereign L1 chains connected via IBC. On-chain registries (Issuer Registry, Token Standard Registry, Chain Registry) and proof attestation systems (Proof-of-Reserves and Proof-of-Presence on 15-day cycles) provide protocol-level accountability. The Governance Council of regulated entities oversees issuer admission and enforcement. The RFP Portal and Developer Portal support ecosystem funding and technical development.

Differentiator

Problem solved

Functional benefit

Brands

• BMZ: The native protocol token of Blockmaze used for validator staking, issuer bonding, transaction fees, and governance.
• GBMZ
• BMZ20
• BMZ3643
• Governance Council
• Sovereign Entity SDK

Products and services

• BMZ20 Token Standard Token standard for bearer-redeemable assets (e.g., stablecoins, commodity-backed tokens) where redemption is based on token possession; features open transfer model with mandatory Proof-of-Reserves cadence enforcement and issuer-standings integration.
• BMZ3643 Token Standard Token standard for registry-coherent title assets (e.g., tokenized real estate) where legal enforceability depends on off-chain government registry alignment; includes whitelist-gated transfers, registry coherence commitments and Proof-of-Presence attestations.
• Web Exchange Protocol-native marketplace for trading tokenized assets and ecosystem tokens, providing liquidity for tokenized pairs and integrating institutional-grade Fireblocks custody under Layer-0 consensus settlement.
• DAO Governance Platform Decentralized governance platform enabling GBMZ token holders to submit proposals, vote via quadratic voting, and oversee treasury allocation; votes are locked during voting periods and returned on proposal closure.
• RWA Tokenization Platform Platform engine for converting real-world assets into digital tokens using BMZ20 and BMZ3643 standards, enabling issuers to fractionalize assets like gold or equity and integrate trading pairs with the Exchange.
• Validator Infrastructure Validator onboarding and coordination interface for entities running proof-of-stake nodes on the Layer-0 blockchain, including registration, staking setup, network policy access, and validator performance monitoring.
• Delegator Application Interface allowing BMZ holders to delegate stake to validators, contributing to network security without operating infrastructure; tracks validator rewards, commission rates and proportional exposure to validator performance.
• Sovereign Entity SDK Software development kit for deploying jurisdiction-specific sovereign L1 chains connected to the L0 root via IBC, with pre-configured RWA modules, configurable compliance hooks, validator-set tooling and slashing conditions.
• Governance Council Body of ten regulated entities from different jurisdictions that reviews issuer applications, monitors compliance and takes enforcement actions on the L0 root chain using quadratic voting to prevent concentrated influence.

Quantifiable outcome

• 40+ financial regulatory licences across 8 jurisdictions at launch
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature9 records

Partnerships

Five partnerships are on record, tiered flagship and core.

• DMCC (Dubai Multi Commodities Centre)flagshipStrategic or Co-development Partner · 13 November 2025DMCC and Blockmaze discussed collaboration to advance tokenised assets and regulated digital trade infrastructure. DMCC is a UAE government-backed free zone and commodities trading hub. The collaboration targets institutional RWA adoption in the UAE/GCC market with shared regulatory alignment.
• SwiftcoreTechnology or Integration · 1 November 2025Swift collaborated with Chainlink and 24 major financial institutions at Sibos 2025 to demonstrate cross-chain corporate action data distribution using Chainlink CCIP. Blockmaze's architecture references Swift integration for institutional payment processing and settlement rails within its broader compliant Web3 infrastructure ecosystem.
• DTCCcoreTechnology or Integration · 1 November 2025DTCC participated in the Sibos 2025 initiative with Swift and Chainlink demonstrating blockchain-based corporate actions processing. Blockmaze references DTCC integration for institutional post-trade processing and settlement infrastructure alignment.
• ChainlinkcoreTechnology or IntegrationChainlink provides decentralized oracle infrastructure for Blockmaze's mandatory 15-day Proof of Reserve attestation cycle and other oracle-dependent compliance functions. Chainlink's Proof of Reserve, Data Feeds, Data Streams, NAVLink, CCIP, and Chainlink Runtime Environment (CRE) services enable continuous reserve verification, NAV publication, cross-chain corporate action data distribution, and end-to-end institutional workflows for tokenized assets on Blockmaze.
• FireblockscoreTechnology or IntegrationFireblocks provides institutional-grade digital asset custody integrated with the Blockmaze Web Exchange. The Fireblocks custody infrastructure supports secure storage and movement of tokenized assets within the Blockmaze ecosystem, ensuring securities-grade digital asset custody standards.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Hedera: Hedera is a public distributed ledger governed by a council of enterprises and used for tokenization and supply-chain applications. It is comparable to Blockmaze because of its enterprise-council governance model (similar to Blockmaze's Governance Council) and its existing use in regulated tokenization and identity use cases.
• Stellar: Stellar is a public blockchain focused on cross-border payments and regulated asset issuance, including tokenized securities and stablecoins. It is comparable to Blockmaze because it serves regulated issuers with built-in compliance primitives and is exploring RWA tokenization at the protocol level.
• Avalanche: Avalanche is a high-throughput L1 with a subnet architecture that supports permissioned chains for institutional and regulated use cases. It is comparable to Blockmaze because of its sovereign L1 / subnet model, which parallels Blockmaze's Sovereign L1 architecture connected to a root chain.
• Polygon: Polygon is a leading EVM-compatible L2/L1 stack with an active RWA initiative and multiple institutional tokenization pilots. It is comparable because Blockmaze targets EVM-compatible institutional RWA issuance at scale, similar to Polygon zkEVM and Polygon's PoS chain — though Polygon is a broader ecosystem rather than a regulated RWA-specialised chain.

Emerging players

• Aptos: Aptos is a Move-based L1 targeting institutional tokenization and RWA use cases with a permissioned application model. It is comparable to Blockmaze as an emerging L1 pursing the institutional RWA opportunity, although Aptos is a general-purpose chain rather than a regulated RWA-specialised protocol.

Others

• Chainlink (LINK): Chainlink is the decentralized oracle provider that Blockmaze integrates for Proof of Reserve, Data Feeds, NAVLink, CCIP, and CRE. It is included as an enabling peer because Blockmaze's compliance cadence (15-day PoR) is structurally dependent on Chainlink infrastructure, making it both a core partner and a critical dependency.

Direct peers

• Securitize: Securitize is an SEC-registered transfer agent and digital securities issuance platform serving institutional issuers. It is directly comparable to Blockmaze because it provides the issuer-registry, cap-table, and compliance infrastructure (the 'transfer agent' role) that Blockmaze's x/issuer-registry and x/token-registry modules replicate at the protocol layer.
• Polymesh: Polymesh is a permissioned, Substrate-based blockchain purpose-built for regulated security tokens. It is directly comparable to Blockmaze because it embeds identity, compliance, and governance primitives at the protocol root for securities issuance — the same accountability-at-L0 thesis Blockmaze advances.
• Centrifuge: Centrifuge is a purpose-built RWA tokenization protocol with Tinlake and on-chain asset pools serving institutional issuers. It is directly comparable to Blockmaze because both target regulated asset managers and structured-product issuers with protocol-level primitives for tokenized receivables, real estate, and other institutional assets.
• Ondo Finance: Ondo Finance is an institutional-grade RWA platform issuing tokenized US Treasuries and yield products (e.g., OUSG, USDY). It is directly comparable because Ondo operates bearer-redeemable tokenized products with reserve attestations — the same BMZ20-equivalent use case Blockmaze targets with on-chain proof enforcement.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/BlockmazeRWA

Compliance6 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 Blockmaze