Venly

Venly is a blockchain infrastructure company that sells API access to wallets, NFT tooling, token management, and stablecoin payment rails, letting developers ship Web3 features without building or operating chain-level infrastructure themselves. Founded in Belgium in 2018, the platform spans 17 blockchains and positions itself as the connective layer between existing software products and on-chain functionality.

Core Mechanism

Venly abstracts away private key management and node operations through a cloud-hosted API layer. Developers authenticate with a Client ID and Client Secret, then call REST endpoints to create wallets, sign transactions, mint or transfer NFTs, deploy tokens, and read on-chain state. The product comes in two integration modes: a hosted Wallet Widget that embeds a fully functional wallet UI into any web application with minimal code, and a Wallet API that gives teams full control to build white-label experiences. Both modes share the same underlying infrastructure and security model.

Private keys never leave Venly's encrypted vault; the platform handles key generation, storage, and signing on behalf of the developer's users. Custodial and non-custodial configurations are both supported, allowing platforms to choose between maximum user-friendliness and maximum user control.

Products

Wallet as a Service is the foundation of the platform. It handles wallet creation, balance retrieval, native token and ERC-20 transfers, NFT management, message signing, smart contract execution, and automatic resubmission of failed transactions. Social login via Apple, Google, Facebook, and email replaces seed phrase onboarding, reducing friction for mainstream users.

The NFT API provides endpoints to create collections, mint tokens, attach metadata and media, transfer NFTs between addresses, and track ownership history across blockchains. The API supports ERC-721 and ERC-1155 standards as well as equivalent standards on non-EVM chains where applicable.

The Token API lets teams create, mint, and manage fungible tokens without writing or deploying smart contracts directly. It targets loyalty programs, gaming currencies, and tokenized asset issuers.

Venly Finance is a newer stablecoin payment infrastructure product aimed at fintechs, neobanks, and payment service providers. It enables organizations to collect, convert, hold, route, and pay out across fiat and blockchain rails, targeting cross-border payment flows.

Supported Chains

The Wallet API supports 17 networks: Solana, Ethereum, Polygon, Binance Smart Chain, Avalanche, Arbitrum, Base, Optimism, Hedera, Immutable, XPLA, VeChain, NEO, GoChain, Aeternity, Bitcoin, and Litecoin. Solana was added to the Wallet API and Widget in late 2024, enabling SOL transfers, SPL token management, and NFT operations through the same unified API surface developers use for EVM chains.

Solana Integration

Venly's Solana support extends its multichain API to one of the fastest and lowest-cost networks in its lineup. Developers create Solana wallets, send and receive SOL, manage SPL tokens, and execute NFT transfers through the standard Wallet API endpoints without switching tooling or learning Solana-specific key management. Venly cites average Solana transaction fees of approximately $0.036 against Ethereum's roughly $18, making it a practical choice for gaming, micropayments, and high-frequency NFT applications that require cost-efficient on-chain activity.

Security and Compliance

Smart contracts underlying Venly's infrastructure have been audited by Least Authority and NonceAudit. The platform holds SOC 2 and ISO 27001 certifications and is GDPR compliant, credentials that matter for enterprise and fintech customers operating in regulated environments. The platform also includes an emergency mode that can instantly block all incoming traffic if a breach is suspected.

Team and Funding

Venly was co-founded by Tim Dierckxsens (CEO), Gerbert Vandenberghe (COO), Karel Striegel (CPO), and Davy Van Roy (CTO) and is headquartered in Willebroek, Belgium. The company has raised $25 million in funding, with Coinbase and Plug and Play among its investors, and has grown to more than 25 employees. As of its published figures, the platform has exceeded 4 million wallet users and manages over $1 billion in assets across its infrastructure.

Integrations and Ecosystem Position

Venly maintains native integrations with Unity and Unreal Engine for game developers, a Shopify plugin for e-commerce tokenization, and connections to Stripe, MoonPay, Transak, and Ramp Network for fiat on-ramps and off-ramps. Over 6,000 additional applications are reachable through a Zapier connector. The platform ranked 63rd in Deloitte's 2023 EMEA Technology Fast 500.

Within the Solana ecosystem, Venly serves as an infrastructure entry point for teams that want multichain wallet management, NFT minting, or stablecoin payment flows without committing to a Solana-only stack. Its primary value for Solana developers is the ability to deliver wallet functionality and token operations through a REST API backed by enterprise security certifications, rather than building and maintaining Solana keypair and transaction infrastructure directly.