VeChain (VET) Welcomes Draper Dragon and Fenbushi Capital as Validators
Luisa Crawford Dec 09, 2025 17:43
VeChain strengthens its network with Draper Dragon and Fenbushi Capital joining as validators, enhancing the blockchain's credibility and enterprise readiness.
VeChain, a prominent player in the blockchain space, has announced the inclusion of Draper Dragon and Fenbushi Capital as new strategic validators on the VeChainThor blockchain. This significant development coincides with the full launch of the Hayabusa upgrade and the Delegated Proof of Stake (DPoS) consensus mechanism, according to VeChain Official.
Institutional Validators Signal Maturity and Trust
The addition of these prestigious venture leaders signals a robust endorsement of VeChain's standing as a secure and enterprise-ready Layer 1 blockchain platform. Draper Dragon and Fenbushi Capital's participation underscores the network's credibility and aligns with its focus on delivering blockchain infrastructure that addresses real economic challenges.
Andy Tang, founding partner at Draper Dragon, expressed confidence in VeChain's scalable, enterprise-grade adoption, aligning with their long-term investment philosophy. Similarly, Bo Shen, founding partner at Fenbushi Capital, emphasized VeChain's ability to deliver practical value on a global scale, reinforcing their belief in the network's technology and vision.
Strengthened Governance to Meet Professional Needs
VeChain's governance model, which emphasizes reputable organizations as validators, sets it apart from other blockchains. The inclusion of Draper Dragon and Fenbushi Capital enhances this model, providing operational rigor and strategic insight that align with enterprise expectations. The validator set now includes around 19 participants, contributing to the network's resilience and credibility.
Hayabusa: A Technical Leap
The timing of these institutional additions coincides with the launch of the Hayabusa upgrade, which enhances consensus efficiency and positions VeChainThor for global-scale utility. This upgrade improves performance, economic sustainability, and scalability, essential for sectors like sustainability, digital product passports, and asset tokenization.
Sunny Lu, CEO of VeChain, highlighted that the Hayabusa upgrade represents a step forward for the VeChainThor blockchain, emphasizing the strength of their 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
VeChain continues to distinguish itself as a blockchain platform built for real, measurable adoption rather than speculation. With Draper Dragon and Fenbushi Capital joining as validators, VeChain sends a clear message of reliability, performance, and trusted governance to enterprise leaders.
About VeChain
VeChain is a leading enterprise-grade Layer 1 blockchain platform focused on driving real-world adoption across various sectors. Its dual-token system and advanced governance framework provide reliable, scalable, and secure infrastructure for organizations building meaningful solutions.
About Draper Dragon
Draper Dragon, established in 2006, is a cross-border venture fund supporting visionary Web3 founders globally. With operations across several major cities, it brings extensive venture and startup expertise to breakthrough technologies.
About Fenbushi Capital
Founded in 2015, Fenbushi Capital is Asia’s first and most active blockchain-focused venture capital firm, supporting over 300 projects worldwide. The firm is recognized for its significant contributions to the blockchain ecosystem.
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