OpenGDP
A programmable execution layer network for real-world economic activity
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About OpenGDP
OpenGDP is a Layer 1 built for stablecoin payments and asset tokenisation, using a parallel EVM design that puts settlement, issuance and governance controls on one chain: stablecoins handle payroll, collections, supplier payments and treasury movement with built-in FX, pricing and routing, while the tokenisation module issues programmable instruments such as deposits, funds, securities, commodities, invoices and insurance. A network stack lets institutions, enterprises or governments deploy their own subnetworks with custom permissions, privacy and execution environments while sharing base-layer liquidity and security, at roughly 400 ms p95 settlement finality.
The security model allows shared staking with bitcoin, ether and real-world assets, paired with approvals, limits, policy enforcement and exportable audit trails, aimed at fintechs, financial institutions and government payment programmes. Where a general-purpose Layer 1 leaves compliance to applications, this writes controls into the execution layer. Cross-chain movement still relies on external messaging layers such as Wormhole and Hyperlane, the application count is small, and settlement volume is concentrated in a few payment clients.
Karak launched the first phase of its V2 mainnet, strengthening multi-chain restaking capabilities and supporting multi-chain asset collateral. In the restaking sector, Karak was among the "Big Three" with EigenLayer and Symbiotic, though with a smaller market share. Subsequently, Karak rebranded to OpenGDP, pivoting from a restaking protocol to a high-performance Layer 1 blockchain focused on asset tokenization, trading, and settlement, building an operating layer for programmable GDP. This transformation marks its long-term strategic upgrade from a single restaking track to comprehensive economic infrastructure.
In 2026 Karak executed a full protocol pivot: the general restaking network was upgraded and renamed OpenGDP, recasting its execution layer as a global base layer for programmable GDP, incubated by Andalusia Labs with Pantera Capital backing and retaining the K2 bridge and EVM compatibility. The new stack has three parts: a base execution layer with multiple proposers, automatic fee swaps, dedicated blockspace, a native orderbook, private transactions and stablecoin gas; a network stack that lets institutions, governments and enterprises launch dedicated economic networks with their own permissions, privacy models and execution environments; and a platform layer for moving value, programming assets and orchestrating workflows.
OpenGDP's pitch centers on execution rather than issuance. Stablecoin settlement covers payouts, collections, supplier payments and treasury movement with built-in FX, pricing, routing and liquidity. The asset layer supplies issuance packages for stable-value instruments, a compliance plugin framework, custody subaccounts with a policy engine, and lifecycle automation. Privacy is treated as a product requirement, with confidential transfers built into the base layer and metadata such as invoice numbers, client identifiers and cost centers protected, not just amounts.
OpenGDP starts with sovereign and institutional economic networks, puts settlement, assets and compliance controls inside one execution layer, then widens deployment through developer interfaces and the network stack so programmable GDP becomes auditable production workflow.
OpenGDP (formerly Karak) is a Layer 1 blockchain. Based on available information, the co-founder and core executive is Raouf Ben-Har, who serves as CEO. Other team members are not explicitly identified in the provided sources. No additional reliable details on other co-founders or executives are available.