Singapore is one of the most active places for blockchain in Asia. Clear rules, a strong talent pool, and global links help new ideas grow. Many global and regional teams run key parts of their work from the city.
This article gives a simple 2025 update on the space. It shows one list of the Top 10 Blockchain Companies in Singapore, then covers how the market works, common use cases, how to pick a good partner, and the outlook for the next year. The goal is to help readers understand the scene and make better choices.
To keep things useful, the list features teams that build core blockchains, run exchanges, support payments, enable analytics, or build tools used by many users and firms. This article keeps the language simple and direct so more people can follow along.
Why Singapore Is a Strong Base for Blockchain Teams
Singapore blends clear rules, capital, and talent. The Monetary Authority of Singapore (MAS) sets the tone for payments and digital tokens. Firms know what is allowed, what is restricted, and which licenses they may need. This lowers the risk for founders and for users.
The city is also a regional hub. Many global teams choose Singapore as an Asia HQ because it has good transport links, a multilingual workforce, and access to partners in finance, tech, and media. This mix helps blockchain projects move from idea to pilot to scale.
Finally, the startup and developer community is active. Conferences like the Singapore FinTech Festival and TOKEN2049 bring builders, investors, and regulators together. Meetups and hackathons are common. This flow of ideas and people makes it easier to test new tools and ship useful products.
Singapore Rules In Plain Words (What Matters for 2025)
Singapore regulates payments and digital tokens under the Payment Services Act (PSA). If a company wants to offer a “Digital Payment Token (DPT) service” such as exchange or transfer, it may need a Major Payment Institution (MPI) or Standard Payment Institution (SPI) license, subject to thresholds and scope. MAS updates guidance from time to time, and in 2024 it tightened several application and risk-control expectations.
For buyers and businesses, this matters in two ways:
- Consumer protection and AML/CFT: Licensed firms must follow rules on safeguarding customer money, screening, and risk controls. MAS also inspects and can fine firms that fail to meet standards.
- Clarity for partnerships: Banks, PSPs, and merchants prefer to work with licensed firms. For example, Triple-A’s MPI license helps it integrate stablecoin acceptance for thousands of local SMEs through partners.
If your project touches retail funds, cross-border transfers, or token custody, expect a license path or a partner with the right license. Build compliance into your plan from day one. It will save time later.
Also Read: Regulatory Challenges and Compliance in the Blockchain Industry
Top 10 Blockchain Companies in Singapore (2025)
Here are some of the leading Singapore-based or Singapore-operated companies to watch in 2025:
- Snap Innovations – AI + trading infrastructure for finance teams (requested #1)
- Algorand Foundation – Ecosystem grants and education with a Singapore office
- Coinhako – MAS-regulated SGD on/off-ramp for retail and institutions
- Crypto.com – Global exchange with corporate HQ address in Singapore
- Enjin – Web3 gaming + NFT stack (wallet, marketplace, APIs) born in SG
- Kyber Network – Multi-chain liquidity routing for wallets and dApps
- Nansen – On-chain analytics with rich wallet labels, SG headquarters
- Pundi X – Crypto point-of-sale (XPOS) hardware and payments software
- QCP Capital – Institutional market-making and derivatives trading, SG HQ
- Triple-A – MAS-licensed crypto payments with instant fiat settlement
Looking to build, trade, analyze, or accept crypto in 2025—while staying close to compliant rails and strong talent? This article breaks down the Top 10 Blockchain Companies in Singapore (2025), shaping payments, trading, analytics, gaming/NFTs, and liquidity across the region. Whether you need SGD on/off-ramps, real-time data, or merchant settlement, these companies offer practical tools and local know-how to help you move fast and stay compliant in Singapore’s evolving Web3 landscape.
1. Snap Innovations
Snap Innovations is a Singapore technology company that builds trading, brokerage, AI, and blockchain solutions for finance teams. It offers off-the-shelf systems and bespoke projects, serving clients that need speed, reliability, and integration with market venues. The firm positions itself at the intersection of algorithmic trading, data, and blockchain tools. Being headquartered in Singapore keeps it close to regional exchanges, brokers, and regulators. In 2025, this mix of AI + blockchain + trading stacks is valuable for funds and fintechs scaling in Asia.
| Pros | Cons |
| Singapore HQ with fintech focus | Enterprise sales cycles can be long |
| Full stack: trading, brokerage, blockchain, AI | Bespoke builds may cost more up front |
| Experience with market-grade systems | Less consumer brand visibility |
| Regional client proximity | Competes with global vendors |
2. Algorand Foundation
Algorand Foundation is the nonprofit that stewards the Algorand blockchain and ecosystem. Its registered office is in Singapore, where it supports grants, education, and developer programs. The Foundation works with universities, builders, and startups to grow use cases. In 2025, its role is to fund research, expand tooling, and promote real-world apps. A Singapore base helps connect with Asia builders and policymakers.
| Pros | Cons |
| Ecosystem grants and education | Depends on wider network adoption |
| Singapore office aids regional outreach | Results can be slow for research efforts |
| Strong academic links | Competes with other L1 grant programs |
| Clear nonprofit mandate | Market cycles impact developer interest |
3. Coinhako
Coinhako is a long-running Singapore crypto platform founded in 2014 by local entrepreneurs. It offers SGD on-/off-ramp, spot trading, and services for both retail and institutions. Coinhako holds a Major Payment Institution (DPT) licence under the Payment Services Act, which supports trust with users and partners. The company highlights security and MAS-aligned controls in public materials. In 2025, Coinhako matters because it provides compliant local access to crypto for Singapore users and corporate clients.
| Pros | Cons |
| MAS-licensed DPT provider | Listing selection can be smaller vs. global giants |
| SGD rails and local support | Fees vary by payment method |
| Long operating history (since 2014) | Feature set focused on spot vs. advanced derivatives |
| Institutional and retail options | Competes with international exchanges in app UX |
4. Crypto.com
Crypto.com is a global exchange and wallet company with its corporate headquarters address in Singapore (1 Raffles Quay). It serves retail and professional traders through an app, exchange, cards, and DeFi/NFT tools. The firm invests in brand and payments partnerships around the region. Its large user base and deep product lineup make it a major access point for the market. In 2025, the Singapore HQ helps align operations with regional finance and talent.
| Pros | Cons |
| Global brand with wide product set | Global footprint means changing terms by region |
| Singapore corporate HQ address | High marketing profile can draw extra scrutiny |
| Retail + pro features | Card/benefit changes can affect users’ plans |
| Active partnerships/payments focus | Competes head-to-head with top exchanges |
5. Enjin
Enjin is a Singapore-born Web3 gaming and NFT tooling company. It offers the Enjin Blockchain, Wallet, NFT.io marketplace, APIs, and Beam for QR-based drops. The project targets game studios and creators who need easy minting and player-friendly UX. In 2025, Enjin continues to push NFT infrastructure and performance upgrades (e.g., the Bugis upgrade to speed up blocks). This matters for studios shipping real games with large item counts.
| Pros | Cons |
| End-to-end stack for NFTs/gaming | Gaming adoption can be cyclical |
| Established wallet + marketplace | Competes with other game chains and L2s |
| Recent performance upgrades | Success tied to developer traction |
| Education and ecosystem programs | Market risk for NFT demand |
6. Kyber Network
Kyber is a multi-chain liquidity hub that routes trades across sources to find good rates for users and DeFi apps. Founded in 2017, the team operates out of Singapore with a sizable presence in Southeast Asia. Kyber focuses on on-chain liquidity, market-maker tooling, and integrations with dApps. For 2025, efficient routing and better execution remain core needs for wallets and aggregators. A Singapore base helps with BD across APAC builders and protocols.
| Pros | Cons |
| Liquidity aggregation across chains | Competes with other DEX/aggregators |
| Years of DeFi integrations | Smart-contract risk is ever-present in DeFi |
| Pro market-maker tooling | Volatile volumes across chains |
| Regional team footprint | Regulatory shifts may affect partners |
7. Nansen
Nansen is a blockchain analytics platform headquartered in Singapore. It enriches on-chain data with millions of wallet labels and offers dashboards and alerts. Funds, teams, and traders use Nansen to study flows, monitor wallets, and run due diligence. The company has grown its product to cover many networks and features for pro users. In 2025, better on-chain visibility is a must for risk control and alpha.
| Pros | Cons |
| Deep wallet labeling and dashboards | Subscriptions can be pricey for casual users |
| Strong brand among funds/teams | Data lag can occur on niche chains |
| Singapore HQ | Market downturns can reduce budgets |
| Alerts and research features | Competes with other analytics suites |
8. Pundi X
Pundi X builds crypto point-of-sale hardware and software (XPOS) used by merchants. The company maintains a Singapore headquarters entity and global offices. Its devices and tools aim to make accepting crypto simple, with options for settlement and network support. In 2025, Pundi X’s focus on retail payments aligns with the region’s drive for digital commerce. Hardware at the counter remains a clear path to everyday crypto use.
| Pros | Cons |
| End-to-end POS hardware + software | Merchant adoption depends on fees and UX |
| Singapore entity with global reach | Hardware rollouts take time |
| Supports multiple networks and tokens | Regulatory variance across countries |
| Fits SME retail use cases | Competes with card networks and APMs |
9. QCP Capital
QCP is a Singapore-headquartered digital-asset trading firm serving institutions. It provides liquidity, market-making, and derivatives solutions across global venues. The team is known for options expertise and 24/7 OTC coverage. In 2025, more institutions seek structured products and risk tools for crypto exposure. A deep local presence helps QCP serve Asia clients and exchanges.
| Pros | Cons |
| Institutional liquidity and options know-how | Institutional focus, not for retail |
| Singapore HQ with APAC coverage | Exposure to market-wide volatility |
| 24/7 OTC services | Counterparty due diligence required |
| Active partnerships in data/infra | Competes with global trading desks |
10. Triple-A
Triple-A is a MAS-licensed crypto payments company (Major Payment Institution for DPT services) that lets merchants accept crypto and stablecoins with instant fiat settlement. It focuses on compliance, risk controls, and easy integration for SMEs and enterprises. In 2025, Triple-A has expanded stablecoin acceptance through local partners, helping more businesses accept digital currencies while avoiding price swings. The company’s regulated status is key for banks and large brands. This makes it a practical bridge from Web3 to day-to-day commerce in Singapore.
| Pros | Cons |
| MAS-licensed MPI (DPT) | Merchant fees and FX spreads still matter |
| Instant fiat settlement for merchants | Coverage varies by country/rails |
| Strong SME and enterprise focus | Needs ongoing bank/payment partnerships |
| Active local partnerships (e.g., HitPay) | Competes with other gateways |
Singapore’s blockchain scene is practical: payments, analytics, liquidity, trading, and tools that businesses can actually use. The companies above show how the city supports both global brands and home-grown teams. In 2025, winners will be those who pair strong compliance with real product value and steady execution. For readers, the best “pick” depends on your need—on-ramp/off-ramp, analytics, liquidity, payments, trading, or game/NFT tools. Use the pros/cons to shortlist, then evaluate pricing, support, and integrations for your specific use case.
How to Choose a Blockchain Company in Singapore
- Start with your use case: Write down what you need—payments, exchange access, analytics, a wallet, a chain to build on, or a partner to design a pilot. Be specific. A clear scope shortens vendor search and improves outcomes.
- Check license status and track record: If the service touches money or retail users, verify the license type in the MAS Financial Institutions Directory. Ask for proof of coverage, policies, and audits. Mature teams will share this without delay.
- Assess security and controls: Ask about key management, custody setup, incident response, and bug bounty programs. For analytics or DeFi tools, ask how they handle data, rate limits, and service uptime.
- Look for real integrations and partners: Strong partners (banks, PSPs, clouds, game studios) show product-market fit. Public case studies and recent local announcements also help you judge momentum. For payments, look for stablecoin settlement and merchant wins. For exchanges, look for bank rails and fiat support.
- Test the developer experience: If you plan to build, try the SDKs, docs, and sandbox. Check if the company offers grants, office hours, or a local developer hub. Support for events and hackathons often signals a healthy ecosystem.
- Plan for compliance from day one: Map out AML/CFT screening, record-keeping, and consumer disclosures. If you rely on a partner’s license, write roles and duties into the contract. Keep a change log as MAS guidance evolves.
Also Read: 10+ Top Blockchain Wallet Companies to Consider in 2025
Opportunities and Risks to Watch in 2025
- Stablecoin payments at scale: Singapore is becoming an active testbed for stablecoin acceptance in retail and B2B flows. As more payment firms and gateways support stablecoins with instant SGD settlement, expect broader merchant coverage and better user experience. This trend helps reduce fees and cross-border frictions.
- Institutional adoption and treasury services: Banks and corporates are exploring on-chain settlement, tokenized deposits, and new treasury tools. Companies like Matrixport are positioning for this segment with services aimed at professional users. Expect more pilots and integrations across 2025.
- Regulatory clarity and higher standards: MAS continues to refine licensing and risk control guidance. Firms will need stronger governance, tech risk management, and disclosures. This can raise costs but also build user trust. Keep an eye on MAS circulars and public notices.
- Data and transparency: Analytics tools will become more important as chains scale and more assets move on-chain. Clear labeling and real-time alerts can improve decision-making for funds, exchanges, and compliance teams.
Conclusion
This article showed one clear list of the Top 10 Blockchain Companies in Singapore (2025 Update) and explained why Singapore remains a strong base for this industry. Across payments, exchanges, analytics, gaming, and finance, local teams continue to build and ship tools used in Asia and beyond.
The rules here are strict but clear. Licensed payment firms, careful risk controls, and open dialogue with MAS set a high bar. This helps protect users and gives room for long-term products to grow. It also means founders should plan for compliance from the start and choose partners who take it seriously.
If you plan to work with a blockchain company in Singapore, start with your use case, check license status, and test the product in a small pilot. Look for real partners and public wins in the region. With a careful plan and the right team, Singapore remains a strong place to launch and scale Web3 ideas in 2025.
Disclaimer: The information provided by HeLa Labs in this article is intended for general informational purposes and does not reflect the company’s opinion. It is not intended as investment advice or recommendations. Readers are strongly advised to conduct their own thorough research and consult with a qualified financial advisor before making any financial decisions.
Joshua Soriano
I am Joshua Soriano, a passionate writer and devoted layer 1 and crypto enthusiast. Armed with a profound grasp of cryptocurrencies, blockchain technology, and layer 1 solutions, I've carved a niche for myself in the crypto community.
