OP_NET
OP_NET (Orange Pill Labs Holding Ltd., Abu Dhabi) is a Bitcoin Layer 1 metaprotocol enabling developers to deploy Ethereum-like smart contracts natively on Bitcoin using AssemblyScript and WebAssembly, served through OP_WALLET, Motoswap, OPScan, and TypeScript SDKs.
- Company typePrivate
- Founded2025
- HeadquartersAbu Dhabi, United Arab Emirates
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What OP_NET does
OP_NET, operated by Orange Pill Labs Holding Ltd. and domiciled in Abu Dhabi Global Market (UAE), is a Bitcoin Layer 1 metaprotocol that enables developers to build, deploy, and interact with smart contracts directly on the Bitcoin blockchain without bridges, sidechains, or L2 solutions. The platform reads Bitcoin L1 transactions and executes contract logic according to the OPNet protocol, supporting Ethereum-equivalent token standards (OP_20 fungible and OP_721 non-fungible) and using native BTC as the gas token. Developers write contracts in AssemblyScript that compile to WebAssembly, with TypeScript SDKs and 60+ open-source repositories distributed via the btc-vision GitHub organization and NPM.
The product portfolio centers on the OP_NET protocol as the core platform, complemented by OP_WALLET (a non-custodial Bitcoin-native wallet with post-quantum ML-DSA signing) and an integrated dApp ecosystem including Motoswap (a decentralized token swap protocol), OPScan (block explorer), and Motochef. Distribution is product-led and self-serve: developers access documentation at docs.opnet.org, AI-assisted tooling at ai.opnet.org, and a testnet faucet, while end users download OP_WALLET via the Chrome Web Store with mobile apps (Google Play, App Store) listed as coming soon. Marketing and community engagement run through Discord, Telegram (general and developer channels), Twitter/X, and GitHub.
The business model is currently pre-monetization. OP_WALLET is free to use with no subscription or user fees for basic services, and Bitcoin transaction fees accrue to the Bitcoin network rather than OP_NET. The company reserves the right to introduce paid features or subscription tiers in the future. OP_NET completed a $5 million funding round in March 2026 led by Further with participation from ANAGRAM, Arcanum Capital, Humla Ventures, Morningstar Ventures, G20 Ventures, and UTXO Management, shortly after launching on Bitcoin mainnet on March 17, 2026. Co-founder Frederic Fosco has publicly engaged in Bitcoin protocol debates (notably BIP-361). Terms of Service exclude users from Crimea, China, several South and Central Asian jurisdictions, Cuba, Iran, North Korea, Panama, Syria, and Russia.
OP_NET firmographics
Firmographics- Name
- OP_NET
- Legal name
- Orange Pill Labs Holding Ltd.
- Website
- https://opnet.org
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- OP_NET (Orange Pill Labs Holding Ltd., Abu Dhabi) is a Bitcoin Layer 1 metaprotocol enabling developers to deploy Ethereum-like smart contracts natively on Bitcoin using AssemblyScript and WebAssembly, served through OP_WALLET, Motoswap, OPScan, and TypeScript SDKs.
- Ownership category
- akta.pro rank
OP_NET industry classification
Industry- Product category
- Blockchain Infrastructure / Smart Contract Platform
- NAICS
- Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Programming Services (7371), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Smart Contract Execution Environments (EVM/WASM, runtimes, precompiles) (FSAPABAA)
- akta.pro secondary industries
- Smart Contract Frameworks & SDKs (developer kits, templates, standards) (FSAPABAB), Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK)
Keywords
Where OP_NET is headquartered
LocationHeadquarters
- HQ city
- Abu Dhabi
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Markets served
OP_NET business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Wallet Services (Current): OP_WALLET is currently free to use with no subscription fees or user charges for basic platform services. The company reserves the right to introduce paid features or subscription tiers in the future.
- Bitcoin Network Fees: All OP_NET transactions require native BTC for Bitcoin network fees. The platform does not introduce a separate gas token.
- Future Paid Features: The company may introduce paid features or subscription tiers in the future, with additional terms including pricing, billing, payment, refund, and cancellation terms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free wallet and platform access |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
OP_NET product offering
Product offeringCore offering
OP_NET is a Bitcoin Layer 1 metaprotocol that enables developers to build, deploy, and interact with smart contracts directly on the Bitcoin blockchain without sidechains, L2s, or bridges. It exposes TypeScript SDKs that compile AssemblyScript to WebAssembly, supports OP_20 fungible and OP_721 non-fungible token standards, and provides an integrated ecosystem including OP_WALLET (non-custodial wallet with post-quantum ML-DSA signing), OPScan block explorer, Motoswap DEX, testnet faucet, mempool viewer, and an AI-powered developer portal.
Product overview
OP_NET is a Bitcoin Layer 1 smart contract platform that extends Ethereum-like programmability to Bitcoin without requiring sidechains or L2 solutions. The product portfolio centers on OP_NET as the core platform enabling smart contract deployment on Bitcoin L1, complemented by OP_WALLET as the primary user-facing wallet for managing BTC and OP-20 tokens, and ecosystem utilities including OPScan (block explorer), Motoswap (DEX), Testnet Faucet, and Mempool viewer. Developers interact with the platform via TypeScript SDKs compiled to WebAssembly, with AI-assisted development tools available at ai.opnet.org. All products operate natively on Bitcoin Layer 1 with BTC as the gas token.
Differentiator
Problem solved
Functional benefit
Brands
- OP_WALLET: A Bitcoin-native smart wallet for mobile and browser that manages BTC and OP_20 tokens, enables interaction with smart contracts, and connects to dApps on Bitcoin Layer 1. Non-custodial with post-quantum security using ML-DSA signing.
- Motoswap
- OPScan
Products and services
- OP_NET Platform Bitcoin Layer 1 native smart contract platform that enables developers to build, deploy, and interact with smart contracts directly on Bitcoin without bridges, sidechains, or L2 solutions. Uses AssemblyScript compiled to WebAssembly for contract development; supports OP_20 fungible and OP_721 non-fungible token standards.
- OP_WALLET Bitcoin-native non-custodial smart wallet for browser (Chrome extension) and forthcoming mobile (Google Play, App Store). Manages BTC and OP_20 tokens, enables interaction with smart contracts, connects to dApps (Motoswap, Motochef, OPScan), and secures keys via ML-DSA post-quantum signing.
- OPScan Block explorer for the OP_NET platform on Bitcoin Layer 1. Allows users to view transactions, blocks, and smart contract activity occurring on OP_NET.
- Motoswap
- OP_NET Testnet Faucet Testnet faucet for obtaining test tokens to develop and test OP_NET applications before deploying to mainnet.
- OP_NET Mempool Mempool viewer for monitoring pending transactions on the OP_NET platform.
- AI Developer Tools AI-powered developer portal that enables developers to explore and build on the OP_NET platform using artificial intelligence assistance.
Quantifiable outcome
- Smart contracts on Bitcoin L1 without bridges or sidechains
- +1 more outcomes
Companies that use OP_NET
Customer profileSegments1 record
Ideal customer profiles2 records
OP_NET technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature8 records
OP_NET partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights6 records
OP_NET competitors and assessment
Company assessmentBroad incumbents
- Polygon: Major smart contract scaling platform with extensive developer tooling and ecosystem. Comparable broad smart contract platform that competes with OP_NET's positioning as a scalable execution environment for decentralized applications.
- Infura: ConsenSys-owned RPC/node infrastructure provider serving Ethereum and IPFS developers. Comparable to OP_NET's developer API/node access layer and a potential strategic partner or competitor if OP_NET expands beyond Bitcoin.
- Alchemy: Leading blockchain developer platform providing node infrastructure, APIs, and tooling across Ethereum and other chains. Broad incumbent in the same developer-infrastructure category as OP_NET, though currently focused on EVM chains rather than Bitcoin.
Emerging players
- Magic Labs: Embedded wallet provider enabling passwordless Web3 onboarding for dApps. Comparable to OP_WALLET's goal of lowering friction for non-crypto-native users to interact with Bitcoin smart contracts.
- Web3Auth (formerly Torus): Embedded wallet and key management infrastructure for Web3 applications. Comparable to OP_WALLET's non-custodial smart wallet layer with embedded key management and dApp connectivity.
Direct peers
- Chainstack: Blockchain infrastructure provider offering node hosting and APIs across multiple chains including Bitcoin. Comparable to OP_NET's developer infrastructure offering and serves similar enterprise and developer customers.
- Ankr: Web3 infrastructure provider offering RPC endpoints, node hosting, and developer APIs across 30+ chains. Comparable to OP_NET's developer infrastructure stack and a potential infrastructure partner for Bitcoin L1 development.
- Thirdweb: Web3 developer platform providing SDKs, smart contract deployment tools, and infrastructure across multiple chains. Directly comparable to OP_NET's developer tooling layer (TypeScript SDKs, NPM packages, contract templates) and competing for the same developer audience.
- Stacks: Bitcoin L2 enabling smart contracts and DeFi on Bitcoin via Clarity language and sBTC bridging. Direct competitor to OP_NET for Bitcoin-native smart contract execution, though using a different architectural approach (L2 vs. OP_NET's L1 metaprotocol claim).
- Rootstock: Bitcoin sidechain with EVM-compatible smart contracts secured by merged mining. Competes with OP_NET for Bitcoin DeFi developer mindshare, though using a sidechain trust model rather than OP_NET's L1-native approach.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
OP_NET social profiles
Digital presenceOP_NET financial estimates
Financial estimateRevenue estimate
Valuation estimate
OP_NET leadership team
Management profileNumber of profiles
Profiles1 record
OP_NET funding detail
Funding detailFunding overview
Funding rounds1 record
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OP_NET M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OP_NET
What does OP_NET do?
OP_NET is a Bitcoin Layer 1 metaprotocol that enables developers to build, deploy, and interact with smart contracts directly on the Bitcoin blockchain without sidechains, L2s, or bridges. It exposes TypeScript SDKs that compile AssemblyScript to WebAssembly, supports OP_20 fungible and OP_721 non-fungible token standards, and provides an integrated ecosystem including OP_WALLET (non-custodial wallet with post-quantum ML-DSA signing), OPScan block explorer, Motoswap DEX, testnet faucet, mempool viewer, and an AI-powered developer portal.
Is OP_NET a public or private company?
OP_NET is a private company. It is classified as venture growth investor backed and is currently operating.
When was OP_NET founded?
OP_NET was founded in 2025. It employs 11 to 50 people.
Where is OP_NET based?
OP_NET is headquartered in Abu Dhabi, United Arab Emirates, in the Middle East region.
How does OP_NET make money?
Three revenue lines are on record. Wallet Services (Current) is the primary driver. The others are bitcoin Network Fees and future Paid Features.
Who are OP_NET's main competitors?
Broad incumbents on record are Polygon, Infura and Alchemy. Emerging players are Magic Labs and Web3Auth (formerly Torus). Direct peers are Chainstack, Ankr, Thirdweb, Stacks and Rootstock.
Does OP_NET have an API?
No public API is recorded for OP_NET.
What industry is OP_NET in?
OP_NET's product category is Blockchain Infrastructure / Smart Contract Platform. Its primary akta.pro industry code is FSAPABAA, Smart Contract Execution Environments (EVM/WASM, runtimes, precompiles), with a secondary code of FSAPABAB, Smart Contract Frameworks & SDKs (developer kits, templates, standards). Its NAICS code is 5132 and its SIC code is 7371.