Open Transaction Layer welcomes new founding partners to enhance standards

GSR: GSR provides liquidity and trading services in digital assets and markets. As a new founding partner of Open Transaction Layer, it contributes to building shared standards for secure institutional coordination on blockchain. Soda: Soda operates in the payments and financial technology space. It is added as a founding partner to Open Transaction Layer to contribute to open standards for coordinating onchain transactions. Zama: Zama develops privacy-preserving technologies including fully homomorphic encryption for blockchain. It participates in Open Transaction Layer as a new founding partner to advance secure and private onchain coordination. GLEIF: GLEIF manages the Global Legal Entity Identifier system to standardize entity identification worldwide. It is added as a founding partner to Open Transaction Layer to integrate identity standards into onchain transaction coordination. Nuvei: Nuvei delivers payment processing and financial technology services globally. It joins Open Transaction Layer as a founding partner to support the creation of interoperable standards for onchain merchant and settlement applications. Ledger: Ledger develops hardware security solutions for digital assets. It is welcomed to Open Transaction Layer as a founding partner to enhance security and compliance layers in onchain transaction protocols. Sumsub: Sumsub provides identity verification and compliance solutions. It joins Open Transaction Layer as a founding partner to strengthen identity and compliance layers in the open protocol stack. Gauntlet: Gauntlet focuses on risk management and economic security for decentralized systems. It participates in Open Transaction Layer as a new founding partner to help build the coordination layer for institutional onchain activity. Notabene: Notabene offers compliance technology for virtual asset service providers. It participates as a founding partner in Open Transaction Layer to advance standardized approaches to transaction coordination and regulatory adherence. Calastone: Calastone specializes in post-trade processing and technology solutions for the funds industry. As a new founding partner of Open Transaction Layer, it supports the development of open standards to reduce bilateral integrations in transaction workflows. Bank Frick: Bank Frick is a licensed bank offering services in digital assets and traditional finance. It joins Open Transaction Layer as a founding partner to advance shared protocols for compliant onchain transactions. BTG Pactual: BTG Pactual is a financial institution participating in blockchain and digital asset initiatives. It joins Open Transaction Layer as one of the new founding partners to help develop shared standards for secure and compliant onchain transactions. Ria Financial: Ria Financial provides cross-border money transfer and remittance services. As a new founding partner of Open Transaction Layer, it helps develop shared protocols for compliant and efficient onchain payments. Global Travel Rule: Global Travel Rule advances compliance standards for information sharing in virtual asset transfers. It joins Open Transaction Layer as a founding partner to support interoperable solutions for regulatory requirements in onchain transactions. Open Transaction Layer: Open Transaction Layer is an open protocol stack for coordinating onchain transactions through modular layers covering identity, messaging, transport, and session. It operates as an industry alliance focused on building shared standards and open-source protocol libraries to enable interoperable compliance and security. The news announces the addition of multiple new founding partners to strengthen this initiative. The Depository Trust & Clearing Corporation: The Depository Trust & Clearing Corporation provides clearing and settlement services for financial markets. It is welcomed as a founding partner to Open Transaction Layer to contribute to interoperable infrastructure for institutional onchain coordination. Protocol Design: The four base layers of identity, messaging, transport, and session are modular and interoperable, enabling end-to-end applications such as merchant checkout and agentic payments. Industry Collaboration: Founding members of the Open Transaction Layer gain a shared voice to engage regulators and advocate for concrete technical implementations of open standards. Interoperability Challenges: Every institution previously built its own coordination layer for transaction rails, PII exchange, and reconciliation, resulting in parallel systems and persistent coverage gaps.