Over the last six decades folded polymer chains—so‐called Single Chain Nanoparticles (SCNPs)—have evolved from the mere concept of intramolecularly crosslinked polymer chains to tailored nanoreactors, underpinned by a plethora of techniques and chemistries to tailor and analyze their morphology and function. These monomolecular polymer entities hold critical promise in a wide range of applications. Herein, we highlight the exciting progress that has been made in the field of catalytically active SCNPs in recent years. [ABSTRACT FROM AUTHOR]