List of Provenance Blockchain Labs Customers
San Francisco, 94108, CA,
United States
Since 2010, our global team of researchers has been studying Provenance Blockchain Labs customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Provenance Blockchain Labs for Blockchain Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Provenance Blockchain Labs for Blockchain Platform include: Apollo Global Management, a United States based Banking and Financial Services organisation with 6104 employees and revenues of $26.11 billion, Synovus Bank, a United States based Banking and Financial Services organisation with 5500 employees and revenues of $3.44 billion, Flagstar Bank, a United States based Banking and Financial Services organisation with 6993 employees and revenues of $2.58 billion, Webster Bank, a United States based Banking and Financial Services organisation with 4297 employees and revenues of $2.58 billion, Princes Group, a United Kingdom based Consumer Packaged Goods organisation with 7000 employees and revenues of $2.29 billion and many others.
Contact us if you need a completed and verified list of companies using Provenance Blockchain Labs, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Provenance Blockchain Labs customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Amerant Bank | Banking and Financial Services | 692 | $317M | United States | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2022 | n/a |
In 2022, Amerant Bank implemented Provenance Blockchain Labs, a Blockchain Platform provided by the Provenance Blockchain Foundation, to participate in the USDF Consortium network for tokenizing bank deposits. The Provenance Blockchain Labs deployment is positioned to support issuance of interoperable bank tokens within the regulatory perimeter, enabling 24/7 interbank transfers while tokens remain issued by FDIC insured banks.
The implementation emphasized tokenization and on‑chain settlement capabilities typical of a Blockchain Platform, including token issuance workflows, settlement rails for interbank value movement, compliance controls aligned with bank custody and customer account mapping, and automated reconciliation of on‑ledger tokens to deposit ledgers. Configuration work focused on enabling bank-issued token lifecycle management and interoperability across consortium members.
Operational integration centers on consortium-level interoperability, with Amerant Bank using Provenance Blockchain Labs to transact with other USDF members on the shared network. The network architecture relies on the Provenance blockchain technology that underpins the USDF Consortium, and the consortium structure and membership rules drive operational coverage across participating US banks rather than direct third-party system integrations being reported.
Governance and rollout have been managed through the USDF Consortium, which broadened membership criteria and engaged Piper Sandler to recruit additional banks. Consortium statements and reporting indicate total assets managed by member banks surpassed $200 billion, and the consortium’s stated goal is to enable faster, lower cost transactions in a compliant fashion through bank-issued interoperable tokens.
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Apollo Global Management | Banking and Financial Services | 6104 | $26.1B | United States | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2022 | n/a |
In 2022, Apollo Global Management deployed Provenance Blockchain Labs to underpin a digitally-native fund issuance and lifecycle model. Provenance Blockchain Labs is a Blockchain Platform used to represent fund interests as on-chain instruments and to automate lifecycle events through smart contract orchestration. The implementation emphasizes tokenization, programmable ownership, and an auditable ledger layer for issuance and continuous tracking of investor positions.
Configuration centered on smart contract templates for share issuance, on-chain transfer controls, and API endpoints to support external operational workflows. Operational scope included fund operations and investor services within Apollo Global Management, and business functions impacted include issuance, transfer processing, corporate actions, and investor recordkeeping. Governance and process changes adapted fund lifecycle controls to incorporate on-chain reconciliation and event-driven lifecycle triggers, aligning traditional fund administration workflows with the Provenance Blockchain Labs Blockchain Platform.
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Atlantic Union Bank | Banking and Financial Services | 3160 | $857M | United States | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2022 | n/a |
In 2022, Atlantic Union Bank implemented Provenance Blockchain Labs, a Blockchain Platform, as part of the USDF Consortium's decision to move from a public network to a private, permission-based blockchain to address banking regulators' concerns. The shift was coordinated across the consortium, which includes Atlantic Union Bank and eight other participating banks, and leverages the Provenance technology stack developed by Figure Technologies.
Provenance Blockchain Labs was configured to support core token lifecycle functions including minting, transferring and burning USDF tokens, with wallet-based controls where banks enforce know-your-customer due diligence. The implementation emphasized permissioning controls and access governance typical of a Blockchain Platform, enabling role-based access, transaction validation policies and auditable transaction records to align with supervised digital asset activity definitions.
Architecturally the deployment reuses the same underlying Provenance stack that powered the prior public network, which reduced technical rework while enabling a private, permissioned network topology operated by consortium participants and the vendor foundation. The consortium built the technology and is working with federal banking agencies, the OCC, the FDIC and the Federal Reserve, to document controls and obtain the written or performance approvals required for banks to engage in token issuance and interbank transfers.
Operational scope focuses on interbank payments and tokenized U.S. dollar settlement workflows, affecting treasury, payments and compliance functions at participating banks including Atlantic Union Bank. Governance and workflow changes include KYC-gated wallet policies, consortium-level transaction governance and an established regulatory engagement cadence to secure agency clarity before the network goes live.
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Banking and Financial Services | 489 | $270M | United States | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2022 | n/a |
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Banking and Financial Services | 1490 | $457M | United States | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2022 | n/a |
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Banking and Financial Services | 6993 | $2.6B | United States | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2021 | n/a |
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Banking and Financial Services | 4000 | $1.2B | United States | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2022 | n/a |
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Consumer Packaged Goods | 650 | $206M | United Kingdom | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2020 | n/a |
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Banking and Financial Services | 592 | $170M | United States | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2022 | n/a |
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Consumer Packaged Goods | 7000 | $2.3B | United Kingdom | Provenance Blockchain Foundation | Provenance Blockchain Labs | Blockchain Platform | 2020 | n/a |
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Buyer Intent: Companies Evaluating Provenance Blockchain Labs
- Truist, a United States based Banking and Financial Services organization with 38062 Employees
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