NYSE isnβt the first traditional stock exchange to announce a move toward digital asset support, and they wonβt be the last.
Each and every exchange will require embedded tokenization workflows, exchange infrastructure, and settlement logic native to the base layer they build on.
Whether a historic exchange digitally transforms, or a net-new exchange with no tech debt launches onchain first;
OpenGDP is proud to support these use cases for our customers and partners.
gdp/acc
Several weeks into Devnet, the experimentation, feedback, and product velocity have been phenomenal.
99% of major bugs + improvements have been incorporated across tokenization, exchange, and settlement infrastructure on one of the first parallel EVM L1s in existence. Feedback from institutional and government partners has been equally promising.
Some highlights so far:
- 44.6M+ transactions instantly settled under sustained load
- 1.5M+ market actions across tokenization and exchange infrastructure
- 15+ feature improvements (including a full market order refactor)
- 20+ bugs resolved (including authorization + cancellations)
- Active work is being done on the L1, market infrastructure (tokenization + exchange infrastructure), and UX.
Major improvements continue on L1 performance and reliability, with the OpenGDP API, SDK, ONS, and our next product coming in short order.
The infrastructure that supports fintechs, institutions, and nation-states with their financial services must be robust, reliable, and secure.
Devnet is just the first step in accelerating this vision.
gdp/acc
BlackRock is the giga company that prints 9 figs daily and is pushing on tokenization. Imagine what @OpenGDP cooks when they are literally bullish on the same thing βͺοΈ
Tokenization is a prerequisite for Programmable GDP
Just like @BlackRock, @OpenGDP believes converting asset classes, collateral, deposits, and markets into tokenized, modular primitives enables global GDP to function as software, capable of instant settlement, 24/7 operation, and universal accessibility. As The Economist writes, "Tokenisation can replace paper with code."
OpenGDP is the only solution in the industry with the framework required to bring this digital economy into existence, combining a performant, purpose-built settlement layer paired with a native tokenization product to create the first blockchain with full-stack market infrastructure, optimized for global financial services.
While The Economist articulates the emerging narrative; OpenGDP delivers the engine underneath it: a global base layer for programmable GDP.
h/t @TheEconomist for the thoughtful piece.
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Last week, Devnet went live, and the first stage of private beta has been a historic win.
We granted our first group of whitelisted users access to OpenGDP's native, full-stack market infrastructure featuring tokenization, exchange, and settlement on a purpose-built base layer.
Some highlights so far:
- 10.6M+ transactions instantly settled under sustained load
- 340k+ market actions across tokenization and exchange infrastructure
- 4+ validators onboarded
- Seamless UX, core services, and chain infrastructure holding up
- Early partner feedback validating nation-state-level caliber
Performance has held steady with minor bugs that the team has spent the weekend resolving. Scale and reliability, particularly at the nation-state level, are the focus as we move into the public testnet and subsequent mainnet.
We sincerely appreciate our users for participating in the event with us as we build infrastructure to support global economies at internet-scale.
Real economic activity unchained, onchain.
Programmable GDP.
Onwardπ