Today marks a defining moment in the evolution of the VeChainThor protocol, further bolstering the resilience and credibility of the blockchain. Alongside the official, full launch of the Hayabusa upgrade and the DPoS consensus mechanism, VeChain is excited to welcome two globally respected venture leaders - Draper Dragon and Fenbushi Capital - as new strategic validators on the VeChainThor blockchain.
This development represents far more than ecosystem expansion. It signals a clear and public endorsement from prominent financial institutions that have shaped the crypto sector for over a decade. Their participation reinforces VeChain’s standing as one of the most trusted, secure, and enterprise-ready Layer 1 platforms in the industry.
Institutional Validators Signal Maturity and Trust
In a landscape crowded with experimental networks and speculative ecosystems, VeChain has maintained a distinct focus: delivering blockchain infrastructure capable of solving real economic problems.
Validators play a central role in demonstrating network credibility, and the arrival of Draper Dragon and Fenbushi Capital underscores VeChain’s growing influence among leaders who understand what long-term blockchain success requires - stability, governance, enterprise alignment, and measurable impact.
These firms are not just investors or casual participants. They are industry pioneers with proven track records in backing transformative technologies. Their decision to join VeChain’s Validator community reflects a conviction in the network’s architecture, governance model, and trajectory.
“Joining the VeChain Validator Program reflects our confidence in a network built for real economic impact,” said Andy Tang, founding partner at Draper Dragon. “VeChain’s focus on scalable, enterprise-grade adoption aligns with our long-term investment philosophy.”
Fenbushi Capital, recognized as Asia’s first and most active blockchain-focused venture fund, shares this perspective. “VeChain continues to demonstrate how blockchain can deliver practical value at global scale,” noted Bo Shen, founding partner at Fenbushi Capital. “Participating in their future as a validator reinforces our belief in its technology, its ecosystem, and its vision for the future.”
Strengthened Governance to Meet Professional Needs
VeChain’s governance approach has long set it apart from other blockchains. Rather than relying on anonymous or unpredictable participants, VeChain has intentionally built a validator ecosystem anchored by reputable organizations capable of supporting mission-critical applications.
The addition of Draper Dragon and Fenbushi Capital bolsters this model. Institutional validators provide a level of accountability, operational rigor, and strategic perspective that aligns with the expectations of enterprises and government partners exploring blockchain adoption.
Their involvement expands a validator set that now includes around 19 participants through Redeno’s staking service, each contributing to the resilience and credibility of the network.
Hayabusa: A Technical Leap
The timing of this institutional participation is noteworthy. VeChain’s newly launched Hayabusa upgrade enhances consensus efficiency and positions the VeChainThor blockchain for the next chapter of global-scale utility.
Hayabusa strengthens performance, economic sustainability, and long-term scalability — capabilities essential for sectors such as sustainability, digital product passports, asset tokenization, and digital transformation.
In short, VeChain now pairs proven, production-ready technology with institutional-grade validation, sending a powerful signal to enterprises looking for a blockchain infrastructure they can depend on.
As VeChain CEO Sunny Lu remarked, “Hayabusa represents a forward step for the VeChainThor blockchain and the growing ecosystem that depends on it. Welcoming Draper Funds and Fenbushi Capital as validators reinforces the strength of our governance model and the confidence leading institutions have in VeChain’s long-term vision.”
A Message to the Industry: VeChain Is for the Real World
Many blockchains claim utility, but few have earned the confidence of institutions who specialize in identifying durable technology platforms. With Hayabusa live and world-class validators joining the network, VeChain further distinguishes itself as a blockchain built not for speculation, but for real, measurable adoption.
Enterprise leaders require reliability, performance, and trusted governance. The arrival of Draper Dragon and Fenbushi Capital sends a clear message: VeChain meets that standard.
About VeChain
VeChain is a leading enterprise-grade Layer 1 blockchain platform focused on driving real-world adoption across sustainability, supply chain, tokenization, and digital transformation. Through its dual-token system and advanced governance framework, VeChain delivers reliable, scalable, and secure infrastructure for organizations building meaningful and measurable solutions.
About Draper Dragon
DraperDragon is a cross-border venture fund backing visionary Web3 founders. Established in 2006 by Larry Li, Andy Tang, Bobby Chao, and Tim Draper, the firm operates globally across Silicon Valley, Toronto, Shanghai, Hong Kong, Singapore, and Bangalore. As part of the Draper Venture Network, it brings more than two decades of venture and startup expertise to breakthrough technologies.
About Fenbushi Capital
Fenbushi Capital is Asia’s first and most active blockchain-focused venture capital firm. Established in 2015, it has supported more than 300 leading projects globally across the blockchain ecosystem.