Enterprise Blockchain Market Eyes $746B as Wallet Demand Surges

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The enterprise blockchain sector is entering an era of exponential growth. Market projections suggest its value will soar from $27.85 billion in 2024 to more than $746 billion by 2032, while the Web3 wallet market is expected to hit $69 billion by 2033.

Global Web3 wallet market size and forecast (Source: Growth Market Reports)

That rapid expansion reflects the mounting role of non-custodial wallets, which already serve over 50 million users worldwide.

What’s more, blockchain adoption is being driven by regulatory frameworks such as Europe’s MiCAR, technological shifts like ERC-4337 smart wallets that enable passwordless logins and gasless transactions, and a growing appetite for “superapps” that bundle swaps, staking, NFTs, and DeFi features under one roof.

Institutional Appetite for Crypto

Another striking trend is institutional adoption. Surveys show that 72% of institutions now consider crypto part of their strategy, up from just 41% in 2020. This jump shows how quickly blockchain has moved from a speculative niche to a strategic pillar across industries such as finance, supply chains, and gaming.

Against this backdrop, Omni announced today the relaunch of its self-custodial wallet along with a white-label solution for enterprises. The product allows businesses to launch branded wallets across more than 25 blockchains without the burden of in-house engineering.

Originally designed for consumers, Omni gained attention for its intuitive interface and multi-chain support. Since its acquisition by Echo Base, it has pivoted to serving enterprises seeking faster entry into on-chain ecosystems.

“Omni makes it possible for any enterprise to launch a full-featured Web3 wallet securely, scalably, and under their own brand,” said Alexa Anastasia Pantelidis, the company’s Business Lead.

Competition in a Billion-Dollar Race

Omni’s push reflects broader competition among infrastructure providers like Fireblocks, Coinbase, and Circle, each racing to capture a slice of a market measured in the hundreds of billions.

The differentiator, in Omni’s case, according to a statement shared with Ecoinimist, is speed: its pitch emphasizes deployment “in days” with no engineering lift, while allowing businesses to retain full branding and customer ownership.

Author

Steven Walgenbach

Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

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