2025 Enterprise Validator Report

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This report, State of Blockchain Validators - Enterprise Edition - BCW, highlights the significant and growing trend of large, well-known enterprises embracing public blockchains by participating as validators.

We found a seismic regulatory and societal shift towards public blockchain adoption as enterprises openly deploy new validators on public networks.

15 unique enterprise validators are present on the sampled networks.
60% of sampled networks have at least one enterprise validator.
7 enterprises are running validators on two or more of the sampled networks.
13% of the sampled networks have at least four enterprise validators.

As of this research, the Proof of Stake staking market capitalization sits at $210B USD. The annualized market opportunity for staking rewards: $11B USD.

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