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

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 / Chain	HQ & Listing	Reach & Institutional Infrastructure	Representative Work
Ault Blockchain	Las Vegas, USAAult Capital Group subsidiary of Hyperscale Data	Cosmos SDK with full EVM compatibilityCometBFT consensus, 1-second blocks, EIP-1559 fee market, and KYC-verified DAO governance	Public testnet launched Feb 2026 under newly launched edge-case scoringAult Markets StableShare SaaS planned for tokenized securities, real estate, and RWAs
Avalanche	New York, USAAva Labs	Subnet architecture rebranded as Avalanche L1sPermissioned custom chains with compliance flexibility and sub-second finality	KKR private equity fund tokenized with SecuritizeJPMorgan Onyx, Citi, and Franklin Templeton have used Avalanche-linked institutional pilots or deployments
Base	San Francisco, USACoinbase Inc. · NASDAQ: COIN	Optimistic rollup on Ethereum built on OP StackApproximately $3B+ TVL; operated by Coinbase with native USDC and Circle Mint integration	Hosts most x402 agentic payment activity by Coinbase disclosureJPMorgan Kinexys JPMD tokenized deposit deployed on Base
Canton Network	New York, USADigital Asset Holdings	Permissioned privacy-preserving DLT for financial servicesDAML smart contracts and super-validator model with protocol-level confidentiality	Broadridge DLR processes $1T+ monthly tokenized repo volumeGoldman Sachs DAP, BNY fund administration, and Société Générale-FORGE issuance run on Canton-linked infrastructure
Celestia	Cayman IslandsCelestia Labs	Modular data availability layer separating DA from executionMainnet beta launched Oct 2023; backed by Polychain, Bain Capital Crypto, and Galaxy Digital	Powers modular chains including Eclipse, Manta, Movement, Initia, and Hyperliquid migration plansSupports purpose-built financial chains needing cheaper data availability
Chainlink	Cayman IslandsChainlink Labs	Oracle network and CCIP interoperability layerApproximately $20T+ in total value secured across institutional and DeFi integrations	SWIFT selected CCIP for cross-border interoperabilityDTCC Smart NAV and Sibos corporate-actions work expanded institutional use cases
DTCC	New York, USADepository Trust & Clearing Corporation	World’s largest post-trade financial market infrastructureAbout $2.5 quadrillion annual settlement volume; Project Ion DLT clearing in production	Smart NAV with Chainlink distributes regulated fund dataBroadridge DLR partnership supports tokenized repo infrastructure
Ethereum	Zug, SwitzerlandEthereum Foundation	Largest public smart-contract network by TVLPectra and Dencun upgrades improved account abstraction and L2 economics	Hosts major tokenized assets including BlackRock BUIDL and Franklin Templeton BENJIPrimary issuance layer for Securitize, Ondo, Maple Finance, and other tokenization platforms
Hedera	Richardson, TexasHedera Hashgraph	aBFT hashgraph consensus with EVM-compatible smart contractsGoverning Council includes major corporates and financial institutions	Enterprise deployments include Coupon Bureau, Avery Dennison, ServiceNow, and DBS tokenization pilotsStrong TradFi and enterprise council structure supports institutional credibility
Polygon	Bermuda / New YorkPolygon Labs	Multi-chain Ethereum L2 ecosystemPolygon PoS, zkEVM, Polygon CDK, and AggLayer architecture	Hosts Franklin Templeton BENJI, BlackRock BUIDL, Siemens digital bond, and Hamilton Lane tokenized private equityOne of the most enterprise-adopted public chains after Ethereum
Provenance Blockchain	New York, USAFigure Markets · NASDAQ: FIGR	Purpose-built financial Layer 1 launched in 2018OPEN equity network and YLDS yield-bearing stablecoin support financial workloads	More than $21B in HELOC loan originations on ProvenanceFigure Markets IPO validated the purpose-built financial L1 thesis
R3 Corda	New York / LondonR3	Enterprise DLT framework launched in 2016Permissioned architecture with 200+ institutional nodes and long production history	SIX Digital Exchange runs on CordaTier-1 deployments include HSBC, Allianz, Wells Fargo, ING, BBVA, NatWest, and Bank of America
Solana	Zug, SwitzerlandSolana Foundation	High-throughput public Layer 1 with sub-second finalityApproximately $8B+ TVL and second-largest stablecoin chain with about $12B+ stablecoins	Supported high agentic-payment and x402 transaction activityPay.sh with Google Cloud launched May 2026; PayPal PYUSD and Visa settlement are live
VeChain	SingaporeVeChain Foundation	Public enterprise Layer 1 with delegated PoSHayabusa and Interstellar upgrades improved decentralization and EVM compatibility	Walmart China food traceability remains a long-running enterprise deploymentDNV, BMW, LVMH, and BCG partnerships support supply-chain and sustainability use cases
XDC Network	SingaporeXDC Network Foundation	Public enterprise Layer 1 with delegated PoSISO 20022 alignment, XDC 2.0 consensus upgrade, and EVM compatibility	TradeFinex and Liqi support trade finance activity on XDCPartnerships 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.