Founded in 2015 by Sunny Lu, VeChain began as a blockchain solution for supply chain transparency and anti-counterfeiting. Early enterprise adoption, backing from Fenbushi Capital, and the 2017 ICO paved the way for the launch of the VeChainThor blockchain—an efficient, enterprise-grade Layer-1 network. Major partnerships with organisations such as DNV, Walmart, and BCG helped validate VeChain’s real-world use cases and expand its global reach.
As part of its Renaissance roadmap, VeChain is rolling out Ethereum-compatible infrastructure, dPoS consensus, dynamic VTHO tokenomics, and StarGate NFT staking. Combined with MiCA-compliant tokens and enhanced interoperability, VeChain is positioning itself as a blockchain where real adoption, network utility, and sustainability converge to create long-term value.