Omni Foundation

What Omni Foundation does

Omni Foundation is a Seattle-based non-profit that maintains Omni Layer, an open-source protocol implemented as a software layer on top of the Bitcoin blockchain for creating and trading custom digital assets and currencies. Its reference implementation, Omni Core, is a C++ superset of Bitcoin Core (currently version 0.11.0, based on Bitcoin Core 0.20.1) that exposes Omni Layer extensions through a JSON-RPC interface and ships as a fully-validating desktop wallet for Windows, Linux, and macOS. Surrounding products include Omniwallet (a free, self-custody hosted web wallet), Omni Explorer (blockchain explorer for Omni transactions and DEx activity), and developer SDKs OmniJ (Java/JVM) and OmniJS (Node.js), all distributed via GitHub.

Functionally, Omni enables token creation, decentralized crowdfunding via automated crowdsales, and peer-to-peer trading through an on-chain distributed exchange (DEx), inheriting Bitcoin's security and audit base. The platform's flagship production use case has been Tether (USDT), with redemption supported via tether.to and Bitfinex, alongside integration testimonials from ShapeShift and ecosystem partners Ambisafe, Blockchair, and HolyTransaction. As of 2017, over $1.2B in asset market capitalization resided on the layer.

The foundation operates on an open-source, freemium model with no disclosed revenue, pricing for the protocol layer, funding rounds, or paid tiers. Distribution is entirely self-serve and product-led: users download Omni Core, sign up for Omniwallet, or use the explorer without engaging a sales team. GTM additionally relies on community-led growth through GitHub, Telegram, Reddit, Twitter, and Facebook, with press coverage in mainstream and crypto-native media (WSJ, Yahoo Finance, Forbes, CoinDesk, Bitcoin Magazine, The Merkle). The team is distributed, with founder Craig Sellars as Chief Technologist and approximately 11 named contributors.

Name

Omni Foundation

Website

https://omnilayer.org

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Omni Foundation is a non-profit that maintains Omni Layer, an open-source Bitcoin-based protocol enabling creation, crowdfunding, and peer-to-peer trading of custom digital assets. It serves token issuers, exchanges, and developers via Omni Core, Omniwallet, and SDKs.

Ownership category

akta.pro rank

Product category

Blockchain Asset Protocol

NAICS

Computer Systems Design and Related Services (54151)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)

akta.pro secondary industry

Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps) (FSAGAMAI)

Keywords

• Blockchain tokenization platform
• Bitcoin smart assets
• Decentralized token exchange
• Blockchain crowdsale protocol
• Distributed asset trading

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Protocol/Platform (Open Source): Omni Foundation operates as an open-source, non-profit foundation providing free protocol infrastructure. No explicit revenue model is disclosed - the platform appears to be community-driven and development may be sustained through grants, donations, or related commercial ventures by ecosystem participants.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Omni Foundation operates an open-source, decentralized asset platform built as a software layer on the Bitcoin blockchain that enables users to create custom digital assets and currencies, conduct decentralized crowdsales, and trade tokens peer-to-peer via a distributed exchange. The platform's reference implementation is Omni Core, a C++ superset of Bitcoin Core, supplemented by the Omniwallet hosted web wallet, Omni Explorer blockchain explorer, and Java/Node.js SDKs (OmniJ, OmniJS). It is provided to the community free of charge and sustained by the non-profit foundation.

Product overview

Omni Foundation offers a unified platform for creating and trading custom digital assets and currencies built on the Bitcoin blockchain. The core offering consists of Omni Core (the C++ reference client), Omniwallet (web wallet), and Omni Explorer (blockchain explorer). Supporting developer tools include OmniJ (Java SDK), OmniJS (JavaScript SDK), and the Omni Protocol Specification. The platform enables token creation, blockchain-based crowdfunding, and peer-to-peer trading via a distributed exchange—all implemented as a software layer on top of Bitcoin transactions.

Differentiator

Problem solved

Functional benefit

Brands

• Omni Core: The Omni reference implementation - a C++ superset of Bitcoin Core providing a fully-validating desktop wallet
• Omniwallet
• OmniJ
• OmniJS

Quantifiable outcome

• Over $1,200M USD in total asset market cap on the layer as of 2017

Named customers3 records

Segments4 records

Ideal customer profiles3 records

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• TethercoreStrategic or Co-development PartnerTether (USDT) is the flagship use case built on Omni Layer. Tether Dollars are backed by Bank Trust, redeemable for SWIFT at tether.to and bitfinex.com. Represents over $1.2B in asset market cap on the layer.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Counterparty: Open-source Bitcoin-based protocol for creating custom tokens and peer-to-peer exchange. The closest functional analogue to Omni Layer, also leveraging meta-protocol design on Bitcoin.
• Mastercoin (Mastercoin / Omni predecessor project): Original protocol that Omni Layer was forked from — designed to issue custom currencies on top of Bitcoin and the historical direct predecessor of Omni.
• Colored Coins / OpenAssets: Early Bitcoin-based colored coins protocol representing real-world assets on the Bitcoin blockchain. Conceptual and architectural predecessor in the smart-property-on-Bitcoin category.

Broad incumbents

• Rootstock (RSK): Bitcoin sidechain offering full Turing-complete smart contract capabilities, enabling token creation and DeFi on a Bitcoin-anchored chain. Competes for the same Bitcoin-extension developer mindshare as Omni.
• Stacks: Bitcoin L2 bringing smart contracts and token issuance (via SIP-010 standard) to Bitcoin. Comparable as a Bitcoin-native tokenization and programmability platform.
• Liquid Network: Bitcoin sidechain operated by Blockstream enabling asset issuance (including stablecoins like USDT) with faster settlement. Competes in the Bitcoin-native tokenization niche.
• Blockstream: Major Bitcoin infrastructure company operating the Liquid sidechain and other Bitcoin Layer-2/extension technologies. Competes as a broad incumbent in Bitcoin protocol extensions.
• Ethereum Foundation: Operates the dominant general-purpose smart contract platform. Ethereum's ERC-20 token standard absorbed most of the token-issuance demand that protocols like Omni originally targeted.

Emerging players

• WAX (Worldwide Asset eXchange): Blockchain purpose-built for digital asset and NFT trading with delegated proof-of-stake. Overlaps with Omni in the digital-asset issuance/exchange niche but on a non-Bitcoin chain.
• Factom: Bitcoin-anchored protocol for issuing and managing digital assets and document records. Comparable as a Bitcoin meta-protocol providing asset/tokenization primitives, though more document-focused.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Omni_layer
• GitHubgithub.com/OmniLayer
• Facebookfacebook.com/groups/1501816626750032
• LinkedInlinkedin.com/company/mastercoin-foundation

Revenue estimate

Valuation estimate

Number of profiles

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 Omni Foundation