What OPAL IT LIMITED does

Opal operates a blockchain-based digital dollar and yield platform anchored by USDop, a stablecoin pegged 1:1 to the U.S. dollar and collateralized by short-duration U.S. government securities held with regulated custodians under continuous verification. The platform exposes individual retail investors to four curated institutional-grade yield strategies: Opal BTC (4-8% APY via long-only BTC exposure combined with funding rate arbitrage), Opal Lend (8-10% APY from digital asset money-market volatility premium), Opal Basis (9-16% APY from delta-hedged perpetual swap funding capture), and Opal Credit (8-12% APY from global private and public credit). The ecosystem is extended through the Opal Token and the Opal Reserve Program, which confer governance and ownership rights intended to align participants with network growth.

The company pursues a product-led, self-serve go-to-market with a globally distributed digital channel; prospective users must join a waitlist for access, and no pricing tiers or fee schedules are publicly disclosed. Revenue mechanics are not stated but are implicitly tied to management or performance fees on capital deployed across the strategy suite. Marketing is concentrated on a content-led blog and waitlist email capture, with no disclosed channel partnerships, sales motion, or geographic restrictions.

The operating entity is referenced as 'Opal Ltd.', but the input does not provide founding date, incorporation jurisdiction, leadership team, headcount, funding history, or audited financial figures. Operating status is confirmed active via a functional website with waitlist signup, while commercial launch and revenue generation remain pending.

Name

OPAL IT LIMITED

Legal name

Opal Ltd.

Website

https://opal-it.co.uk

Company type

Private

Founded year

2008

Operating status

Operating

Short description

Opal is a blockchain-based digital dollar platform offering USDop, a U.S. Treasury-backed stablecoin, and four curated institutional-grade yield strategies (BTC, Lend, Basis, Credit) to global retail investors via a self-serve, waitlist-based interface.

Ownership category

akta.pro rank

Product category

Digital Asset Platform

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Stablecoin Issuers (Fiat-Backed) (FSADADAA)

akta.pro secondary industries

Structured Products & Notes (Yield/Principal-Linked) (FSADAGAD), Managed Futures / CTA (Trend, Carry, Global Futures) (FSAHAEAB)

Keywords

• Digital dollar platform
• Treasury-backed stablecoin
• Institutional yield strategies
• Blockchain payments infrastructure
• Stablecoin yield products

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Platform fees from investment strategies: Revenue likely generated through fees on the curated digital asset investment strategies (BTC, Lend, Basis, Credit) offered on the platform. The platform provides access to institutional-grade strategies and likely earns a spread or management fee.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Opal operates a unified digital dollar and yield platform anchored by USDop, a 1:1 USD-pegged stablecoin fully collateralized by short-duration U.S. Treasuries. The platform provides individual users access to curated institutional-grade digital asset investment strategies including an enhanced BTC reserve strategy (Opal BTC), secured digital asset lending (Opal Lend), a delta-hedged perpetual swap basis strategy (Opal Basis), and a global private/public credit strategy (Opal Credit), with the Opal Token conferring governance and ownership within the Opal Reserve Program.

Product overview

Opal is a unified digital dollar and yield platform that combines a treasury-backed stablecoin (USDop) with multiple structured yield products. The core Opal Platform serves as the infrastructure enabling access to four investment strategy sub-products: Opal BTC (BTC reserve strategy), Opal Lend (digital asset lending), Opal Basis (delta-hedged perpetual swap strategy), and Opal Credit (private/public credit). The ecosystem is anchored by the USDop stablecoin, which is fully collateralized 1:1 by U.S. Treasuries, and extended through the Opal Token for ownership and governance within the Opal Reserve Program.

Differentiator

Problem solved

Functional benefit

Brands

• Opal USD: 1:1 digital dollar stablecoin backed by US Treasuries
• Opal BTC
• Opal Lend
• Opal Basis
• Opal Credit
• Opal Reserve Program

Products and services

• Opal Platform A digital dollar and yield platform providing access to institutional-grade investment strategies with automated, diversified performance, enabling users to earn yields on treasury-backed stablecoins. Targets individual retail investors seeking stability and growth.
• USDop Stablecoin A 1:1 digital dollar stablecoin anchored in borderless, fully audited liquidity, backed by U.S. Treasuries, designed to maintain full value against the global reserve currency for individual users.
• Opal BTC Strategy Enhanced BTC reserve strategy offering 4-8% APY with capital appreciation, combining a long-only BTC position with funding rate arbitrage premiums to optimize total return.
• Opal Lend Strategy A digital asset lending strategy offering 8-10% APY, capturing the volatility premium of digital asset money markets through secured, short-duration capital across audited, high-tier protocols.
• Opal Basis Strategy A delta-hedged strategy offering 9-16% returns, isolating persistent funding rate premiums across perpetual swap contracts to deliver reliable, consistent returns irrespective of market direction.
• Opal Credit Strategy A credit strategy offering 8-12% returns, providing access to high-yield opportunities in global private and public credit, generating income and capital appreciation with low volatility and low correlation to broader markets.
• Opal Token / Opal Reserve Program A governance and utility token representing ownership in the Opal Reserve Program and the Opal ecosystem, rewarding contributions to the future of global wealth creation.

Quantifiable outcome

• 4-8% APY on BTC strategy
• +4 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Mountain Protocol: Mountain Protocol issues USDM, a fully U.S. Treasury-backed stablecoin that distributes yield directly to holders — directly comparable to Opal's USDop-plus-yield positioning, but at a smaller scale.
• Maple Finance: Maple operates an institutional credit market where capital is matched to borrowers; Opal Credit is the closest analogue in the four-product stack. Comparable on credit strategy mechanics though operating at higher scale.
• GMX: GMX is a decentralized perpetual swap exchange whose GLP liquidity providers earn yield broadly equivalent to a delta-hedged perpetual basis strategy — the same mechanic Opal Basis targets, but accessed by LPs rather than a wrapped product.

Broad incumbents

• PayPal: PayPal issued PYUSD, a U.S.-regulated stablecoin, and bundles it into payments and consumer apps. A larger incumbent with embedded retail distribution that Opal would need to compete with or partner around.
• Circle: Circle issues USDC, the leading U.S.-regulated fiat-backed stablecoin, and is building yield and distribution products through partners. Far larger and broader than Opal, but directly competing for treasury-backed stablecoin flows.
• Tether: Tether issues USDT, the largest stablecoin by circulation. Far larger and broader than Opal, but directly competing for the same fiat-backed stablecoin user base.

Direct peers

• Ethena Labs: Ethena issues USDe, a synthetic dollar that captures perpetual-swap funding rate premiums — almost identical mechanism to Opal Basis. It also wraps USDe into yield products and a governance token (ENA), making it the closest analogue to Opal's stablecoin-plus-yield-plus-token stack.
• Sky (formerly MakerDAO): Sky issues DAI/USDS, a crypto-collateralized stablecoin, and sDAI, which forwards Maker's vault yield to holders. Same structural model: stablecoin + automatic yield wrapper.
• Paxos: Paxos issues regulated, U.S. Treasury-backed stablecoins (USDP, PYUSD on behalf of PayPal) with audited reserves and regulated custody — mirroring Opal's stated reserve, custody, and compliance model.
• Ondo Finance: Ondo issues tokenized U.S. Treasury-backed products such as USDY and OUSG, combining fiat-backed stability with yield strategies. Same value proposition as Opal: institutional-grade treasury yield, tokenized, accessible to a broader audience.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

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 OPAL IT LIMITED