09/24/2025 | Press release | Distributed by Public on 09/23/2025 22:57
Singapore - September 18th, 2025 - OVHcloud , a global cloud player and the European cloud leader, today announced it has been recognised as a 'Star' in the MarketsandMarkets Blockchain Market Forecast to 2030report. This marks the second consecutive year that OVHcloud has earned this recognition, underscoring its technological capabilities, international footprint and long-standing partnerships with leading blockchain organisations. The recognition comes at a pivotal time for blockchain in Asia Pacific, where the market is forecast to grow at 68.4% CAGR, reaching USD 57 billion by 2030.
Image credit: Markets and Markets, Blockchain Market Global Forecast to 2030
Asia accounts for 32% of the world's active blockchain developers and nearly 20% of wallet usage, with Singapore noted as the fastest-growing blockchain market in the region. The report points to initiatives such as the Monetary Authority of Singapore's Payment Services Act, Project Guardian's institutional DeFi pilots and the Global Layer One (GL1) initiative with international banks as key factors supporting Singapore's development in this space.
"Last year, we were promoted to a 'Star' from a 'Pervasive Player,' and this year, we have advanced even further in the rankings. Over the past year, we have significantly deepened our investment in supporting the blockchain ecosystem and it is rewarding to see those efforts deliver tangible results. This recognition reinforces our long-term commitment to blockchain and the strength of our execution in the region, " said Terry Maiolo, Vice President-General Manager Asia Pacific, OVHcloud.
OVHcloud plays a big role in the ecosystem including hosting approximately 10% of the Ethereum Mainnet and 26% of Solana nodes, and its recent launch of a blockchain and Web3 startup accelerator, now supporting 20 startups with credits, training, and mentorship in partnership with organisations such as Alchemy and Solana Superteams.
OVHcloud was also recognised for its commitment to transparency, performance, decentralisation and sustainability, enabling blockchain organisations to do business in a fast, powerful, multi-local and reliable way without compromising on their sustainable ethos.
In addition to proprietary watercooling technology, vertical integration and recycling strategies, OVHcloud has invested in one of its most sustainable data centres in Singapore. This facility uses advanced watercooling and energy-efficient design to deliver reliable cloud infrastructure while aligning with the country's green data centre standards.
"As blockchain adoption in Singapore and Asia Pacific accelerates, OVHcloud remains focused on providing secure, sustainable, and future-ready infrastructure for enterprises and developers. Our commitment to blockchain is unwavering and we are here to build the future together, " said Terry.
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About OVHcloud
OVHcloud is a global cloud player and the leading European cloud provider operating over 450,000 servers within 44 data centers across 4 continents to reach 1,6 million customers in over 140 countries. Spearheading a trusted cloud and pioneering a sustainable cloud with the best performance-price ratio, the Group has been leveraging for over 20 years an integrated model that guarantees total control of its value chain: from the design of its servers to the construction and management of its data centers, including the orchestration of its fiber-optic network. This unique approach enables OVHcloud to independently cover all the uses of its customers so they can seize the benefits of an environmentally conscious model with a frugal use of resources and a carbon footprint reaching the best ratios in the industry. OVHcloud now offers customers the latest-generation solutions combining performance, predictable pricing, and complete data sovereignty to support their unfettered growth.