Top 10 Blockchain MNCs in Singapore
FPT ASIA PACIFIC PTE. LTD.
FPT Corporation, a Vietnam-headquartered global technology and IT services company, is the parent firm of Singapore-based FPT Asia-Pacific, which was founded in 2007. Over the years, FPT Asia-Pacific has shifted from an outsourcing model to become a full-service IT solutions provider, extending FPT’s reach to Singapore and the Asia-Pacific market. With its blockchain expertise, the company serves startups and enterprises, enabling clients to boost revenue by connecting to multiple parties with trust, and reduce costs and save time by eliminating human errors. FPT Asia-Pacific earned the Workplace Safety and Health (WSH) Council’s bizSAFE level 3 certification in 2016.
CONSENSYS PTE. LTD.
ConsenSys is a blockchain software development firm headquartered in the US that specialises in decentralised apps (dApps), business solutions, and developer tools for blockchain ecosystems, with a primary focus on Ethereum. The company has developed Ethereum blockchain solutions for the banking, international trade, supply chain, government, social impact, and other sectors, as well as a number of ConsenSys products. Its Singapore-based subsidiary was founded in 2016, and partnered with the Monetary Authority of Singapore (MAS) and other organisations in 2019. By utilising blockchain technologies, this initiative was able to reimagine the country’s institutional infrastructure.
RIPPLE LABS SINGAPORE PTE. LTD.
Ripple Labs operates as an enterprise blockchain company across the globe. Incorporated in 2017, Ripple Labs Singapore is a subsidiary of the US-based technology firm and extends the services of its parent firm to the Asian market and globally. The company’s enterprise-grade solutions are positioned as being quicker, more transparent, and more affordable than traditional financial services as they use established crypto solutions and blockchain technology. The use of these technologies by Ripple's clients enables them to source cryptocurrencies, enable rapid payments, empower treasuries, engage new audiences, reduce capital requirements, and generate new revenue.
ELINEXT SOFTWARE PTE. LTD.
Repeated as per client.
BODHTREE SOLUTIONS PTE. LTD.
Bodhtree Solutions is a CMMI level 5 company that provides digital services such as blockchain solutions, enabling enterprises to transform their businesses. The services offered by the firm include the development of blockchain platforms, designing and developing smart contracts, creating wallets and executing transactions, and blockchain transaction load balancing. The US-based IT service management firm has offices in India and Singapore. In addition to working with Fortune 500 companies and SMEs in various industries, Bodhtree also offers solutions for several industry verticals to address the major business difficulties faced by the manufacturing, healthcare, hi-tech, educational, and government sectors, among others.
MOBILOITTE PTE. LTD.
Repeated as per client.
FSN ASIA PRIVATE LIMITED
FSN Asia is a Korean digital marketing firm with subsidiaries in seven countries, namely China, Taiwan, Singapore, Thailand, Indonesia, Vietnam, and the Philippines. As a result of FSN Asia’s tech-based growth, the firm established an office in Singapore in 2015. The company built its expertise in the blockchain industry with the success of its SIX Network ICO project in 2018. The project helped revolutionise the digital economy, providing blockchain-based services to creative and marketing industries. Additionally, FSN Asia’s services include launching and operating secure and user-friendly crypto exchanges in the Southeast Asian and Asian markets.
COINBASE SINGAPORE PTE. LTD.
Coinbase is an American cryptocurrency platform that specialises in blockchain technology, making it simple and safe to buy, sell, and hold cryptocurrency. These services are managed securely by ecosystem participants in more than a hundred countries across the globe including Singapore through its subsidiary, Coinbase Singapore, which was founded in 2019. Almost all cryptocurrencies, such as Bitcoin, Ethereum, Bitcoin Cash, and Litecoin, are secured through blockchain networks and exchanged across the region and globally. In 2021, Coinbase became one of the largest publicly traded crypto firms across the globe, and aims to operate with financial transparency.
CHAINALYSIS PTE. LTD.
Headquartered in the US, Chainalysis is a blockchain data platform. This platform delivers services, data, software, and research in more than seventy countries globally, across government agencies, exchanges, financial institutions, insurance, and cybersecurity businesses. In 2020, Chainalysis opened an office in Singapore. The firm’s blockchain data powers investigation, compliance, and market intelligence software that have been utilised to resolve criminal cases globally and expand consumer access to cryptocurrency safely. Chainalysis' ability to support complex blockchain analysis and investigations helps clients respond to cybersecurity breaches and ransomware attacks, recover stolen cryptocurrency and perform other analyses.
GEMINI TRUST COMPANY (SINGAPORE BRANCH)
Gemini Trust Company is a cryptocurrency exchange and custodian that allows customers to buy, sell, and store digital assets. The firm is headquartered in the US and regulated by the New York State Department of Financial Services (NYSDFS). Gemini is SOC 1 Type 2 and SOC 2 Type 2 certified. It also operates in Canada, the United Kingdom, South Korea, Hong Kong, and Singapore. Its Singapore-based subsidiary, Gemini Trust Company (Singapore branch), was founded in 2020. Gemini also owns Nifty Gateway, an NFT marketplace that offers a convenient method to buy, sell, and store non-fungible tokens (NFTs) using blockchain technology.
Top Singapore Large Local Enterprises in Blockchain
TRON FOUNDATION LIMITED
Founded in Singapore in 2017, TRON Foundation’s operations are centred on accelerating the decentralisation of the Internet via blockchain technology and decentralised applications (DApps). It has evolved into a leading global network with more than 52 million international user accounts and a popular public blockchain. TRON has closely collaborated with Samsung and completed its integration with the Samsung Blockchain Keystore. The built-in blockchain wallet offered on Samsung mobile phones supports the mainnet native token of the TRON Protocol issued by TRON DAO, known as TRONIX (TRX).
GLOSAP CONSULTING PTE. LTD.
Repeated as per client
KRIS INFOTECH PTE. LTD.
Kris Infotech is a Singapore-headquartered technology consulting and solutions company founded in 2006. The firm has expertise in storing information on an incorruptible digital ledger for transactions using blockchain technology. It is possible to program this ledger to record practically any valuable transaction in addition to financial ones. The firm aims to strategise and simplify the adoption of blockchain and distributed ledger technologies in organisations by offering advisory services to help such companies incorporate them into their business processes. Kris Infotech also designs and implements smart contracts to automate various contractual clauses. Additionally, the firm provides blockchain developer training.
FORIS DAX ASIA PTE. LTD.
Founded in 2019, Foris DAX Asia is a Singapore-headquartered cryptocurrency exchange company and the owner of the Crypto.com domain. The Blockchain Association of Singapore announced a strategic partnership with Crypto.com in 2022 to advance both parties’ work in the non-fungible token (NFT) ecosystem. The organisations have sought to take advantage of one another's networks and domain knowledge in order to create greater awareness of the rapidly changing NFT landscape and increased blockchain collaboration. Crypto.com also powered the second edition of the NFT charity auction event, Blockchain for Good, as part of a strategic partnership.
Top Singapore SMEs in Blockchain
DREP FOUNDATION LTD.
Incorporated in 2018, Singapore-based DREP Foundation is an open connector and toolbox platform based on blockchain technology. Teams building DApps are able to easily integrate multiple public chain versions of applications, built-in wallets, and asset trading platforms using DREP Decentralized ID, DREP Chain, DREP software development kit (SDK), and DREP Client. DREP is a blockchain-based cryptocurrency that relies on a peer-to-peer network of nodes that fully validates all transactions and blocks, and then relays them to other full nodes. Running full nodes with drep contributes to the network’s security, and increases the available paths for transactions and blocks to relay.
AELF PTE. LTD.
Founded in 2018, Singapore-based aelf is a decentralised blockchain network empowered by cloud computing infrastructure. The aelf developer community is focused on the wide business adoption of blockchain technology. The organisation delivers a complete suite of application development tools for underlying decentralised blockchain layers to suit a wide range of developer needs. aelf Mainnet, aelf Oracle and diversified DeFi contracts are among the many multi-level decentralised initiatives developed by the firm. Meanwhile, the aelf Wallet app is one-stop account manager, allowing multiple assets to be traded in the same chain or cross-chain, making it safe and easy to use.
BLOCKCHAIN ZOO PTE. LTD.
Established in 2017, Blockchain Zoo is a global network of experts in blockchain and IT headquartered in Singapore. The firm offers advisory and implementation services for all decentralised systems and blockchain solutions. Blockchain Zoo provides workshops to assist clients with discovering blockchain’s potential for their core offers, business models or internal operations. Its training program helps clients build their own blockchains and increase their business value. Tailor-made support for innovative projects is also given to clients. For example, Tokenomy, a client of Blockchain Zoo, allows users to transform their products into tokens for crowdfunding, loyalty points, donations, or other uses.
PUNDI X LABS PTE. LTD.
Incorporated in 2017, Singapore-headquartered Pundi X Labs uses blockchain technology to promote financial inclusion. It operates globally with offices in Jakarta, Sao Paulo, Seoul, Taipei and Tokyo. Pundi X provides multiple POS solutions for retailers, broadening the accessibility of cryptocurrency and empowering blockchain developers, merchants, token holders, and consumers to transact in digital currencies at any physical store around the globe. The company’s XWallet allows seamless offline and online blockchain transactions, providing access to a wide range of services through DApps. Users can manage, transfer or grow their digital assets with the DApps features available within XWallet.
ALPHAXLAB PTE. LTD.
Founded in 2017, AlphaXLab is a Singapore-headquartered software development firm that provides web and app development, digital marketing services, UI/UX design, training and blockchain development services. Its blockchain services and DApp solutions include creating pitch desks for investors, business and technical whitepapers, blockchain websites, token smart contracts, crowd sale smart contracts and blockchain portals, and offering consultancy services. The firm provides affordable IT solutions not only to startups, but also SMEs and MNCs. AlphaXLab provides its services across the globe and has an office in India.
ENJIN PTE. LTD.
Founded in 2009, Singapore-headquartered Enjin is a blockchain platform with operations spread across twenty countries. Non-fungible tokens (NFTs) and cryptocurrencies are made manageable for individuals, companies, and developers through its complete product suite. The platform has delivered around 27,000 NFT projects based on gaming, art, music, sports, and more. A collaborative program between Enjin and Microsoft, named Azure Heroes, rewards developers with blockchain-based digital badges. The initiative’s tokens can be viewed on a custom blockchain explorer powered by EnjinX and is linked to the Azure Heroes Showcase map built by Enjin.
QTUM FOUNDATION LTD.
Qtum Foundation is a Singapore-based open-source public blockchain platform founded in 2016. The firm utilises the security of UTXO while enabling the Ethereum virtual machine (EVM). The Qtum blockchain uses the Janus version of EVM, offering a ready platform for the established Ethereum developer community to port their projects while leveraging Bitcoin's security. With its decentralised governance protocol (DGP), Qtum enables smart contracts to change specific blockchain settings. It is a third-generation blockchain that has gained recognition in the Web3 space as it combines the benefits of a UTXO blockchain with Proof of Stake, and smart contract flexibility.
TOMOCHAIN LAB PTE. LTD.
TomoChain Lab is a Singapore-based blockchain fintech partner founded in 2017. The TomoChain Blockchain secures transaction details and keeps all customer financial data confidential, while providing a set of protocols that offer features to build user-friendly, privacy-focused DApps and a DeFi ecosystem geared for mass market applications. TomoChain technology can be applied to reduce the costs of supply chain management and increase clients' trust with a blockchain-powered traceability system, engage customers through an incentive structure using a social and loyalty point blockchain-based application, generate value for users through remodeled financial services systems, and more.
BLUZELLE NETWORKS PTE. LTD.
Bluzelle Networks is a Singapore-headquartered blockchain for GameFi that was founded in 2014. It leverages blockchain principles to develop data storage solutions that surpass the limitations of conventional centralised systems in terms of performance, security, and authenticity. The utilisation of dApps, which produce enormous volumes of siloed data, is a key area of attention for Bluzelle. The company can produce high-quality games, protect players' NFTs, and leverage DeFi yields with its 10,000 TPS Cosmos-based blockchain. Offering security and scale, the startup completed its $19.5 million ICO to create a decentralised database for dApp developers in 2018.
SWITCHEO LABS PTE. LTD.
Founded in 2018, Singapore-headquartered Switcheo Labs is a cryptocurrency exchange service firm. Carbon Protocol is a decentralised layer 2 cross-chain trading protocol engineered by the company to power interoperability between blockchains like Ethereum, Cosmos, BSC, Neo, and Zilliqa. While liquidity is interconnected with each blockchain, users can engage with numerous networks without having to rely on centralised bodies. Anyone can use Carbon Protocol's fully decentralised order books, and market instruments (spot, futures, perpetual and options) with cross-margining capabilities as building blocks for new DeFi paradigms.
Top Singapore Fastest Growing Companies in Blockchain
OKCOIN PTE. LTD.
Okcoin is a globally licensed exchange headquartered in the US with offices in San Francisco, Miami, Hong Kong, Malta, Singapore, and Japan. With expertise in the decentralisation of the internet through blockchain technology, the firm makes crypto investing and trading accessible for people around the globe. Okcoin founded its Singaporean subsidiary in 2020 to serve customers in Singapore and Brunei, and fulfill demand from traders in the region seeking a safe and definitive way to trade cryptocurrencies with the Singapore dollar. Customers began trading Singapore dollar and other pairings for Bitcoin (BTC) and Ethereum (ETH) on the Okcoin exchange.
CHAINSTACK PTE. LTD.
Incorporated in 2018, Singapore-headquartered Chainstack has developed a user-friendly and accessible platform for building, deploying, and scaling blockchain applications. The managed blockchain services platform made its mark in the Web3 space by creating an accessible way for developers and enterprises to launch and scale decentralised applications. Chainstack aims to improve the blockchain user experience on a regular basis, and it optimises, analyses, and innovates its products by collaborating with customers, and embracing best practices across industries. In 2022, the company became a Gold member of Blockchain Game Alliance (BGA), supporting the growth of blockchain-integrated gaming.
BLUZELLE NETWORKS PTE. LTD.
Bluzelle Networks is a Singapore-headquartered blockchain for GameFi that was founded in 2014. It leverages blockchain principles to develop data storage solutions that surpass the limitations of conventional centralised systems in terms of performance, security, and authenticity. The utilisation of dApps, which produce enormous volumes of siloed data, is a key area of attention for Bluzelle. The company can produce high-quality games, protect players' NFTs, and leverage DeFi yields with its 10,000 TPS Cosmos-based blockchain. Offering security and scale, the startup completed its $19.5 million ICO to create a decentralised database for dApp developers in 2018.
KOINEARTH PTE. LTD.
Founded in 2018 in Singapore, KoineArth is a subsidiary of KoineArth India. The company uses a blockchain-based platform, marketsN, to enable secure auditable data sharing across enterprises. This ready-to-use ERP-compatible SaaS converts physical products, materials and documents to NFTs to track them across clients’ supply chains. KoineArth gained recognition as the ‘Startup of the Year Blockchain Solution’ at the sixth Inflection Supply Chain & Logistics Conference & Awards in 2019. In 2021, it won in the ‘Blockchain/Crypto Initiative of the Year’ category at the Economic Times’ BFSI Innotribe Summit and Awards.
ONECONNECT FINANCIAL TECHNOLOGY (SINGAPORE) CO. PTE. LTD.
OneConnect Financial Technology is a Chinese firm that focuses on AI, blockchain technology, and big data analytics. It has developed multiple FinTech scenarios including channel sales, products, risk management, services, and operations. Its Singapore-based subsidiary, OneConnect Financial Technology (Singapore), was incorporated in 2018. Supply chain finance, trade financing, and SME loans are a few business scenarios where OneConnect blockchain technology has been used. Its multi-series scientific and technological product portfolio is used in the banking, insurance, and investment sectors among others, offering new empowerment experiences to major ecosystems.
KNOWLEDGE CATALYST PTE. LTD.
Knowledge Catalyst, a Singapore-headquartered software company founded in 2018, has constructed a global ecosystem for corporate learning and development, higher education, professional associations, and government bodies. It is based on verified digital credentials and uses blockchain technology. The company connects stakeholders through greater industry visibility with blockchain credentials, builds blockchain security protocols and solutions for digital credentials, and more. Knowledge Catalyst handles issues with fake and fraudulent certificates, and checks for revoked, terminated and expired credentials. In addition to improving talent mobility opportunity beneficiaries and lowering overheads associated with manually verifying credentials, this helps credential issuers maintain their reputation.
DELCHAIN PTE. LTD.
Headquartered in the Bahamas, Delchain is a licenced full-service multi-currency banking, asset management, trading, and consulting services platform that supports blockchain businesses. It is a part of the Deltec International Group. The firm has an office in Singapore that was founded in 2019. Delchain’s clients benefit from its bespoke financial services, which include fiat banking services, as well as comprehensive digital asset custody solutions to receive and send cryptocurrency, and digital asset trading services. Through its efforts, trading is made quick and easy with live prices and cost-effective, algorithmic executions.
RIPPLE LABS SINGAPORE PTE. LTD.
Ripple Labs operates as an enterprise blockchain company across the globe. Incorporated in 2017, Ripple Labs Singapore is a subsidiary of the US-based technology firm and extends the services of its parent firm to the Asian market and globally. The company’s enterprise-grade solutions are positioned as being quicker, more transparent, and more affordable than traditional financial services as they use established crypto solutions and blockchain technology. The use of these technologies by Ripple's clients enables them to source cryptocurrencies, enable rapid payments, empower treasuries, engage new audiences, reduce capital requirements, and generate new revenue.
FSN ASIA PRIVATE LIMITED
FSN Asia is a Korean digital marketing firm with subsidiaries in seven countries, namely China, Taiwan, Singapore, Thailand, Indonesia, Vietnam, and the Philippines. As a result of FSN Asia’s tech-based growth, the firm established an office in Singapore in 2015. The company built its expertise in the blockchain industry with the success of its SIX Network ICO project in 2018. The project helped revolutionise the digital economy, providing blockchain-based services to creative and marketing industries. Additionally, FSN Asia’s services include launching and operating secure and user-friendly crypto exchanges in the Southeast Asian and Asian markets.
KRIS INFOTECH PTE. LTD.
Kris Infotech is a Singapore-headquartered technology consulting and solutions company founded in 2006. The firm has expertise in storing information on an incorruptible digital ledger for transactions using blockchain technology. It is possible to program this ledger to record practically any valuable transaction in addition to financial ones. The firm aims to strategise and simplify the adoption of blockchain and distributed ledger technologies in organisations by offering advisory services to help such companies incorporate them into their business processes. Kris Infotech also designs and implements smart contracts to automate various contractual clauses. Additionally, the firm provides blockchain developer training.
