Venly

Market position

Venly presents itself as a leading blockchain technology provider serving both Web3-native and Web2 companies, and says hundreds of fast-growing businesses worldwide use its solutions. A 2022 startup profile named Shopify, Ubisoft and Atari among companies it delivers innovations to, and cited over 1.3 million wallet users and more than $1 billion in AUM at that time; the company's about page currently cites 4 million+ wallet users and $1 billion+ AUM. No independent market-share data is present in the sources.

Venly positions its differentiation around abstracting blockchain complexity behind a familiar Web2 developer and user experience, breadth of native integrations with mainstream platforms (Shopify, Stripe, Unity, Unreal, PlayFab, Zapier and others), and a documented security and compliance posture: smart contracts audited by NonceAudit and Least Authority, penetration testing with Cobalt.io, a long-running Intigriti bug bounty, code analysis via SonarCloud, GitHub CodeQL and SecretsScanner, continuous compliance monitoring with Vanta, GDPR compliance, ISO 27001 certification and SOC 2 Type 2. It also claims 99.99% or higher uptime.

Technology

The platform exposes REST APIs and C#/JavaScript SDKs for wallets, NFTs and ERC20 tokens across EVM chains and others, with a widget-based wallet including a rebroadcast-transactions feature for reliability. Infrastructure runs on Amazon Web Services using Amazon ECS with CloudTrail auditing, DataDog logging, GuardDuty threat detection, SecurityHub and Inspector. Data is encrypted at rest and in transit using KMS plus custom encryption aligned to NIST SP 800-57, with least-privilege access controls. Smart contracts are audited by NonceAudit and Least Authority; security testing includes Cobalt.io penetration tests, an Intigriti bug bounty, and SonarCloud, GitHub CodeQL and SecretsScanner code analysis. Compliance includes GDPR, ISO 27001 and SOC 2 Type 2, monitored via Vanta.

Go-to-market

Go-to-market is developer- and partner-led: self-serve documentation, API reference, SDKs and published pricing plans, combined with a sales team for custom enterprise solutions. Distribution is amplified through marketplace and engine integrations (Shopify, Unity, Unreal, PlayFab, Beamable, Zapier connecting 6,000+ apps), content marketing (blog, case studies, StartToBlockchain podcast), an affiliates program, and Venly Ventures investments and an accelerator track that place Venly technology inside early-stage gaming startups.

Businesses integrating blockchain into existing products: game studios and Web3 gaming projects, e-commerce merchants, entertainment and consumer brands, loyalty program operators, and companies pursuing digital product passports and real-world asset tokenization. Venly Finance targets payment service providers, marketplaces, fintechs and neobanks. Named customers or partners in the sources include Polytrade, Nativz and NFTBOBA, with Shopify, Ubisoft and Atari cited in 2022 coverage.

Geography

Headquarters are at Antwerpsesteenweg 45, 2830 Willebroek, Belgium; a 2022 report described the company as Antwerp-based. The company describes a global vision and serving businesses across the world, and Venly Finance targets cross-border corridors, but no specific additional office locations are stated in the sources.

History

The company was founded in 2018 as Arkane Network by Tim Dierckxsens, Karel Striegel, Davy Van Roy and Gerbert Vandenberghe and later rebranded to Venly. It raised a €1.55M seed round led by High-Tech Gründerfonds in 2021, and in April 2022 announced a €21M ($22.8M) Series A led by Courtside VC alongside plans for a gaming accelerator track. In January 2022 press coverage described the launch of Venly Market, a peer-to-peer NFT marketplace on Polygon. Security and compliance milestones followed: ISO 27001 certification in May 2023 and SOC 2 Type 2 compliance in July 2023. In March 2025 Venly announced an integration with the Sui blockchain for game developers and shipped developer-portal analytics and fiat on/off-ramps. Its current site introduces Venly Finance, a stablecoin payments product.

Risks & controversies

No controversies, incidents or legal disputes are reported in the available sources. General risks implied by the material include dependence on volatile Web3/NFT and gaming demand, a pivot toward stablecoin payments that competes with established payments infrastructure, small headcount (25+ employees) relative to enterprise commitments, and reliance on third-party chains, integrations and cloud infrastructure (Amazon Web Services). The company's own July 2026 article notes provider-change risk in stablecoin infrastructure, including providers being acquired, repricing or exiting markets.