What Openware does

Openware, Inc. (legally incorporated in Delaware, operationally headquartered at 611 Gateway Blvd, South San Francisco, CA) is a software engineering company that builds a modular, open-source blockchain software stack for launching cryptocurrency exchanges and adjacent digital-asset businesses. Founded in 2009, it serves enterprises and startups seeking to stand up centralized crypto exchanges, decentralized exchanges, NFT marketplaces, digital/crypto banks, brokerage platforms, and custody operations. The company reports 150+ launched crypto and fintech projects and operates from a distributed footprint with offices in Spain (Madrid), France (Paris), Ukraine (Kyiv), and Thailand (Bangkok), employing an estimated 120+ people (with one source citing a smaller ~43-person named team).

The technology centers on OpenDAX (the flagship modular platform, marketed in its current major release as OpenDAX Aurora) composed of interchangeable components: OpenFinex (a Go-based, in-memory order-matching engine claiming 500,000+ orders/second with Raft consensus, FIX/REST APIs, and cross-datacenter failover), Peatio (accounting/digital-asset management on Ruby on Rails), Barong (OAuth2/RBAC authentication with KYC and 2FA), Rango (Go WebSocket server), OpenWallet (multi-layer hot/warm/cold custody), and ArkeBot (a trading/market-making bot). The stack is open-source and integrates third-party services for KYC/AML (Identance, Bitfury Crystal), custody (Fireblocks), liquidity, charting (TradingView), and crosschain settlement (Qredo, via Yellow Network).

Openware monetizes through multiple mechanics rather than a single motion: perpetual (one-time) software licenses granting source-code access, recurring enterprise support/maintenance subscriptions, professional services and deployment consulting, a SaaS cloud deployment option (OpenDAX Cloud), and proprietary market-making/liquidity services (100+ integrated exchanges, 24/7 coverage). Go-to-market combines direct enterprise field sales with technical sales specialists, a three-tier partner/channel program (Sale, Service, and Build integration), and a product-led/self-serve layer via SDK documentation and GitHub. Pricing is tiered (Start-up, Pro, Pro+) and quote-based, with no public price disclosure.

Name

Openware

Legal name

Openware, Inc.

Website

https://openware.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

Openware builds a modular, open-source blockchain software stack (OpenDAX, OpenFinex, Peatio, Barong) that enterprises and startups use to launch cryptocurrency exchanges, brokerages, digital banks, NFT marketplaces, and custody platforms, monetized via licenses, support, and market-making services.

Ownership category

akta.pro rank

Product category

Crypto Exchange Software

NAICS

Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (5232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)

akta.pro secondary industries

Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG), Institutional API Connectivity, OMS/EMS & FIX Gateways (FSADAJAJ)

Keywords

• Crypto exchange software
• Blockchain infrastructure
• Trading engine platform
• White-label exchange
• Digital asset custody

Headquarters

HQ city

South San Francisco

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Perpetual Software License: Lifetime software license grants rights to use OpenDAX Aurora with one-time payment. Customer retains full ownership and control with access to source code for customizations. Regular software maintenance updates included.
2. Enterprise Support & Maintenance: Ongoing software maintenance with R&D team shipping latest updates, new features, and security hardening. Training and education materials provided for customer teams.
3. Professional Services: Paid consulting and deployment services for Peatio, Barong, Rango, and other stack components. Technical sales specialists assist with architecture planning and platform demos.
4. Market Making Services: Proprietary market making scripts and algorithms to provide consistent spreads, healthy order books, and liquidity provision for new cryptocurrencies and exchanges. Includes 24/7 coverage and access to 100+ integrated exchanges.
5. SaaS Cloud Deployment: OpenDAX Cloud deployment option with billing for hosted services, enabling faster setup and reduced initial infrastructure investment.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Openware builds and licenses OpenDAX Aurora, an open-source modular software stack that enables enterprises to launch centralized cryptocurrency exchanges, brokerages, digital banks, NFT marketplaces, decentralized exchanges, and custody platforms. The stack pairs the OpenFinex in-memory matching engine (500K+ orders/sec) with Peatio accounting, Barong KYC/auth, Rango WebSocket, ArkeBot ML trading, and OpenWallet multi-layer custody, available via perpetual license or SaaS subscription.

Product overview

Openware is a software engineering company providing a modular platform-plus-products architecture for building cryptocurrency exchanges and blockchain fintech applications. The core platform is OpenDAX Aurora, which integrates the OpenFinex high-performance trading engine (500,000+ orders/second) and built-in liquidity. Key stack components include Peatio (digital asset accounting), Barong (authentication/KYC), and Rango (WebSocket real-time server). Add-on solutions cover decentralized exchange (OpenDEX), NFT marketplace (OpenNFT), digital banking (OpenBank), brokerage platforms (OpenBroker), custody (OpenWallet), and dedicated market making services. The entire stack is open-source with optional perpetual licensing and is supplemented by the ArkeBot ML-powered trading automation tool.

Differentiator

Problem solved

Functional benefit

Brands

• OpenDAX Aurora: A market-leading, modular and fully customizable software solution with ultra-fast execution OpenFinex matching engine and built-in liquidity for crypto exchanges and brokers.
• OpenFinex
• ArkeBot
• OpenBank
• OpenNFT
• OpenBroker
• OpenWallet
• OpenDEX

Products and services

• OpenDAX Aurora Market-leading, modular, and fully customizable crypto exchange software platform with ultra-fast execution via the OpenFinex matching engine and built-in Tier 1 liquidity provider integrations; offered as a perpetual software license in Start-up, Pro, and Pro+ tiers for SME through enterprise clients.
• OpenFinex High-performance, cloud-native order matching platform with machine learning components, built in Go with in-memory operation, Raft consensus, cross-datacenter replicas, and failover; handles over 500,000 orders per second and is sold standalone or as the matching engine component of OpenDAX Aurora.
• ArkeBot Open-source machine learning trading bot for automated trading, market making, and liquidity provision; supports Copy, Order Back, Fixed Price, and Circuit Breaker strategies and aggregates order books from Binance Chain, Huobi, Bitfinex and other exchanges.
• Peatio Open-source core accounting and digital asset management software for cryptocurrency exchanges, built on Ruby on Rails with microservices architecture, supporting Bitcoin, Litecoin, Ethereum/ERC tokens, Ripple, and Dash, with built-in deposit/hot/warm/cold wallet support and payment-gateway API endpoints.
• Barong Open-source OAuth2 authentication server with RBAC, multi-level KYC, 2FA, Google ReCaptcha/Geetest, and HMAC-based API key management, acting as the security gateway for the Openware stack.
• Rango High-performance WebSocket server written in Go that scales horizontally to millions of events per second, forwarding public market data and authenticated user notifications with Prometheus-format metrics for monitoring.
• Digital Assets Exchange Solution End-to-end centralized cryptocurrency and digital asset exchange solution combining OpenDAX for exchange operations, OpenFinex for matching, market making services, and KYC/custody integrations for enterprises launching new exchanges.
• OpenDEX (Decentralized Exchange Solution) Uniswap-based decentralized exchange SaaS platform enabling peer-to-peer cryptocurrency trading without central authority, deployable as a cost-effective cloud solution with open-source DEX protocol.
• OpenNFT (NFT Marketplace Solution) NFT crypto marketplace SaaS platform powered by OpenDAX for trading digital collectibles, art, and assets represented by ERC-721 and ERC-1155 tokens, with KYC integration, TradingView charts, and React-based UI customization.
• OpenBank (Digital and Crypto Banking Solution) Digital and crypto banking platform combining traditional financial products with blockchain capabilities, including multi-currency accounts, cross-border transfers, debit/credit card management, and KYC/AML verification via Identance and Bitfury Crystal APIs.
• OpenBroker (Brokerage Platform Solution) Online brokerage exchange platform-as-a-service enabling stock trading, investing, wealth management, and financial advisory services, combining traditional securities with digital cryptocurrency assets.
• OpenWallet (Cryptocurrency Custody Solution) Bank-grade cryptocurrency custody storage solution featuring a hybrid multi-layer hot, warm, and cold vault system with dynamic vault storage, accompanied by web, mobile, and desktop wallet applications for institutional holders and exchange operators.
• Market Making & Liquidity Services Managed market making service using proprietary scripts and trading algorithms to deliver consistent spreads, healthy order books, and third-party bid-ask liquidity on exchanges; covers 100+ integrated exchanges 24/7 with 8+ years of experience.

Quantifiable outcome

• 150+ crypto and fintech projects launched globally
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability4 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• QredocoreTechnology or Integration · 14 January 2022Qredo's crosschain infrastructure powers the exchange of trading quotes and liquidity between exchanges and institutions on Yellow Network. This partnership enables Openware to offer enhanced crosschain settlement capabilities to its exchange clients.
• TradingViewcoreTechnology or IntegrationTradingView-powered trading charts integrated into OpenDAX for market monitoring and price activity visualization across trading pairs.

Scale indicators8 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• AlphaPoint: White-label crypto exchange software provider offering digital asset trading platforms, market making, and institutional infrastructure. Most directly comparable to Openware, competing for the same startup-to-enterprise exchange operator segment with similar modular stack approach.
• HollaEx: Open-source white-label crypto exchange platform that lets businesses launch their own exchanges. Overlaps with Openware's OpenDAX on the open-source, self-serve exchange-foundry model and comparable target customer profile.
• ChainUp: Crypto exchange and digital asset infrastructure provider offering white-label exchange, custody, wallet, and derivatives solutions. Competes head-to-head with Openware's OpenDAX/OpenWallet stack, particularly across APAC where ChainUp is strong.
• B2Broker: Provider of white-label trading platforms, liquidity, crypto payment processing, and brokerage infrastructure. Closely comparable to Openware's combined exchange-foundry and market making offering, with overlap on broker-dealer and prop trading segments.

Broad incumbents

• Fireblocks: Institutional digital asset custody, settlement, and trading infrastructure platform with much broader scope and scale. Comparable to Openware on the custody and exchange-wallet side (OpenWallet) but operates as a broader incumbent with deeper institutional penetration and substantially larger funding.
• BitGo: Institutional crypto custody, trading, and staking platform serving exchanges and asset managers. Overlaps with Openware's OpenWallet custody offering and is integrated with Peatio, positioning it as both a partner and competitor in the custody stack.
• Anchorage Digital: Federally chartered crypto custody and infrastructure provider for institutional clients. Comparable to Openware on the regulated digital asset custody side (OpenWallet) but serves a higher-end, bank-custody-focused segment with deeper regulatory credentials.

Emerging players

• CoinRoutes: Institutional crypto trading infrastructure providing smart order routing, algorithmic execution, and aggregated liquidity across exchanges. Comparable to Openware's OpenFinex and ArkeBot on the algorithmic execution and aggregation layer, with focus on the institutional desk segment.

Regional players

• Kanga Exchange: Eastern European crypto exchange and wallet platform operating in Poland, Ukraine, and surrounding markets. Indirect overlap with Openware as both serve the regional crypto ecosystem; Openware provides infrastructure while Kanga is more of an operating exchange client/profile in the same geography.

Others

• Markets.com / Finalto: Multi-asset brokerage and liquidity technology provider for brokers and prop trading firms. Comparable to Openware's OpenBroker solution and serves an adjacent broker-dealer segment that Openware explicitly targets as a customer segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/openwarecom
• GitHubgithub.com/openware?ref=openware.com
• LinkedInlinkedin.com/company/openware-com/?ref=openware.com
• Facebookfacebook.com/openware.inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Openware