BeInCrypto Institutional Research: 15 Blockchain Infrastructure Firms Powering Wall Street Adoption 

7 hours ago 23

Best Blockchain Infrastructure is a category within the BeInCrypto Institutional 100, an annual research-driven program recognizing institutional digital asset excellence across 26 categories and six pillars.

This category sits under Pillar 6: Tokenization & Enterprise Blockchain. The 15 chains and infrastructure firms below are listed alphabetically and are not ranked. A shortlist will be named in May 2026, with the winner announced at Proof of Talk in Paris on June 2–3, 2026.

Key Facts

  • Long list: 15 firms across public Layer 1s, public Layer 2s, permissioned enterprise DLT, modular data availability, institutional middleware, and post-trade infrastructure.
  • Initial pool: More than 30 blockchain infrastructure firms screened; 15 advanced to the long list.
  • Order: Listed alphabetically, not ranked.
  • Scoring: 50% quantitative data · 50% Expert Council.
  • Criteria assessed: Institutional adoption, technical performance, developer ecosystem, security and uptime, compliance features, interoperability, TVL, and activity.
  • Boundary scope: This category evaluates the chain or infrastructure layer itself, not the applications built on top of it.
Firm / ChainHQ & ListingReach & Institutional InfrastructureRepresentative Work
Ault BlockchainLas Vegas, USA

Ault Capital Group subsidiary of Hyperscale Data
Cosmos SDK with full EVM compatibility

CometBFT consensus, 1-second blocks, EIP-1559 fee market, and KYC-verified DAO governance
Public testnet launched Feb 2026 under newly launched edge-case scoring

Ault Markets StableShare SaaS planned for tokenized securities, real estate, and RWAs
AvalancheNew York, USA

Ava Labs
Subnet architecture rebranded as Avalanche L1s

Permissioned custom chains with compliance flexibility and sub-second finality
KKR private equity fund tokenized with Securitize

JPMorgan Onyx, Citi, and Franklin Templeton have used Avalanche-linked institutional pilots or deployments
BaseSan Francisco, USA

Coinbase Inc. · NASDAQ: COIN
Optimistic rollup on Ethereum built on OP Stack

Approximately $3B+ TVL; operated by Coinbase with native USDC and Circle Mint integration
Hosts most x402 agentic payment activity by Coinbase disclosure

JPMorgan Kinexys JPMD tokenized deposit deployed on Base
Canton NetworkNew York, USA

Digital Asset Holdings
Permissioned privacy-preserving DLT for financial services

DAML smart contracts and super-validator model with protocol-level confidentiality
Broadridge DLR processes $1T+ monthly tokenized repo volume

Goldman Sachs DAP, BNY fund administration, and Société Générale-FORGE issuance run on Canton-linked infrastructure
CelestiaCayman Islands

Celestia Labs
Modular data availability layer separating DA from execution

Mainnet beta launched Oct 2023; backed by Polychain, Bain Capital Crypto, and Galaxy Digital
Powers modular chains including Eclipse, Manta, Movement, Initia, and Hyperliquid migration plans

Supports purpose-built financial chains needing cheaper data availability
ChainlinkCayman Islands

Chainlink Labs
Oracle network and CCIP interoperability layer

Approximately $20T+ in total value secured across institutional and DeFi integrations
SWIFT selected CCIP for cross-border interoperability

DTCC Smart NAV and Sibos corporate-actions work expanded institutional use cases
DTCCNew York, USA

Depository Trust & Clearing Corporation
World’s largest post-trade financial market infrastructure

About $2.5 quadrillion annual settlement volume; Project Ion DLT clearing in production
Smart NAV with Chainlink distributes regulated fund data

Broadridge DLR partnership supports tokenized repo infrastructure
EthereumZug, Switzerland

Ethereum Foundation
Largest public smart-contract network by TVL

Pectra and Dencun upgrades improved account abstraction and L2 economics
Hosts major tokenized assets including BlackRock BUIDL and Franklin Templeton BENJI

Primary issuance layer for Securitize, Ondo, Maple Finance, and other tokenization platforms
HederaRichardson, Texas

Hedera Hashgraph
aBFT hashgraph consensus with EVM-compatible smart contracts

Governing Council includes major corporates and financial institutions
Enterprise deployments include Coupon Bureau, Avery Dennison, ServiceNow, and DBS tokenization pilots

Strong TradFi and enterprise council structure supports institutional credibility
PolygonBermuda / New York

Polygon Labs
Multi-chain Ethereum L2 ecosystem

Polygon PoS, zkEVM, Polygon CDK, and AggLayer architecture
Hosts Franklin Templeton BENJI, BlackRock BUIDL, Siemens digital bond, and Hamilton Lane tokenized private equity

One of the most enterprise-adopted public chains after Ethereum
Provenance BlockchainNew York, USA

Figure Markets · NASDAQ: FIGR
Purpose-built financial Layer 1 launched in 2018

OPEN equity network and YLDS yield-bearing stablecoin support financial workloads
More than $21B in HELOC loan originations on Provenance

Figure Markets IPO validated the purpose-built financial L1 thesis
R3 CordaNew York / London

R3
Enterprise DLT framework launched in 2016

Permissioned architecture with 200+ institutional nodes and long production history
SIX Digital Exchange runs on Corda

Tier-1 deployments include HSBC, Allianz, Wells Fargo, ING, BBVA, NatWest, and Bank of America
SolanaZug, Switzerland

Solana Foundation
High-throughput public Layer 1 with sub-second finality

Approximately $8B+ TVL and second-largest stablecoin chain with about $12B+ stablecoins
Supported high agentic-payment and x402 transaction activity

Pay.sh with Google Cloud launched May 2026; PayPal PYUSD and Visa settlement are live
VeChainSingapore

VeChain Foundation
Public enterprise Layer 1 with delegated PoS

Hayabusa and Interstellar upgrades improved decentralization and EVM compatibility
Walmart China food traceability remains a long-running enterprise deployment

DNV, BMW, LVMH, and BCG partnerships support supply-chain and sustainability use cases
XDC NetworkSingapore

XDC Network Foundation
Public enterprise Layer 1 with delegated PoS

ISO 20022 alignment, XDC 2.0 consensus upgrade, and EVM compatibility
TradeFinex and Liqi support trade finance activity on XDC

Partnerships include SBI Holdings, Deutsche Telekom, R3 Corda, Impel, and VERT Capital

About This List

The BeInCrypto Institutional 100 — Best Blockchain Infrastructure (2026 Long List) identifies the chains and middleware on which institutional digital asset workloads run. This includes public Layer 1s, Ethereum Layer 2s, permissioned enterprise DLT frameworks, modular data availability layers, decentralized oracle networks, cross-chain interoperability systems, and post-trade financial market infrastructure.

This category does not score applications built on these chains. Enterprise deployments are evaluated under Category 6.1: Best Enterprise Blockchain Implementation. Stablecoin issuance and tokenization platforms are evaluated under their own dedicated categories.

Methodology

This category is evaluated under Track A of the BeInCrypto Institutional 100 methodology: 50% based on quantitative metrics and 50% on Expert Council scoring.

Assessment spans seven criteria: institutional adoption, technical performance, developer ecosystem, security and uptime, compliance features, interoperability, and TVL and activity.

Data was verified using DefiLlama, L2Beat, Etherscan, Solscan, chain-specific block explorers, Chainlink CCIP, Canton Network transaction logs, company filings, SEC EDGAR, regulatory registers, rwa.xyz, audited platform disclosures, third-party rating agencies, PitchBook, Tracxn, Crunchbase, and mainstream financial press.

Negative-signal scans for major protocol exploits, network halts, validator concentration, securities-classification flags, and parent-company enforcement were applied.


The post BeInCrypto Institutional Research: 15 Blockchain Infrastructure Firms Powering Wall Street Adoption  appeared first on BeInCrypto.

Read Entire Article