Mina Protocol
MINALayer 1 · Built in San Francisco, CA · O(1) Labs Operating Corporation
Listing suspended on 2026-09-14
The principal contributor, O(1) Labs Operating Corporation, now has registry evidence of Delaware incorporation and a San Francisco principal place of business (Oregon and New York registrations, July 2026), so Tests 1 and 4 are evidenced. Neither Test 2 nor Test 3 is established: the only recorded founder, Evan Shapiro, holds no current operational role and his US status at founding is undocumented, and no primary document or two independent sources evidencing a US engineering majority, US governance entity, or US regulatory engagement was found (the 2025 transfer of engineering to o1Labs is documented only on the project's own blog). Market data is withheld until verification meets the USCC evidence standard.
The verdict on record
Pathway: Foundation with a US principal contributor. Needs Tests 1 and 4, plus 2 or 3.
Test 1 · passes on primary documents
Headquartered in the United States
O(1) Labs Operating Corporation is headquartered in San Francisco, CA.
2 sources· 2 primary
- Legal termso1labs.org/terms-of-use2026-09-14
- Registrydata.oregon.gov/resource/tckn-sxa6.json2026-09-14
Test 4 · passes on primary documents
Registered in a US state
O(1) Labs Operating Corporation is registered in DE.
2 sources· 2 primary
- Registrydata.oregon.gov/resource/tckn-sxa6.json2026-09-14
- Registrydata.ny.gov/resource/n9v6-gdp6.json2026-09-14
Test 2 · not met
American founding team
0 of 1 named founders are established US persons holding operational roles today; a majority is required.
Test 3 · not met
Primary operations in the United States
No US primary-operations claim is supported by a primary document or two independent sources.
Legal entities
O(1) Labs Operating Corporation
Delaware · principal contributor · San Francisco, CA
4 sources· 4 primary
- Legal termso1labs.org/terms-of-use2026-09-14
- Legal termso1labs.org/terms-of-use2026-09-14
- Registrydata.oregon.gov/resource/tckn-sxa6.json2026-09-14
- Registrydata.ny.gov/resource/n9v6-gdp6.json2026-09-14
Mina Foundation
Switzerland · foundation · Geneva
1 source
- Projectminaprotocol.com/blog/mina-foundation-appoints-kurt-hemecker-…2026-09-14
Founders
Evan Shapiro
US status not established · no operating role today
2 sources
- Projectminaprotocol.com/blog/mina-foundation-appoints-kurt-hemecker-…2026-09-14
- Projectminaprotocol.com/blog/changes-at-mina-foundation-and-next-steps2026-09-14
Record history
2026-09-14 · suspended
Suspended: Tests 1 and 4 are evidenced for O(1) Labs Operating Corporation, but no founder, registry, regulator, filing, or legal-document evidence supports Test 2 or Test 3.
2026-09-14 · correction
Corrected Mina Foundation from "US 501(c)(3)" to Swiss (redomiciled to Geneva, December 2023); o1Labs recorded as principal contributor after the 2025 transfer of engineering and protocol development; Evan Shapiro no longer holds a Foundation role; removed unsourced founder, audit and investor claims. O(1) Labs Operating Corporation's Delaware incorporation and San Francisco principal place of business added from Oregon and New York registry records.
2026-04-29 · listed
Listed in the v0.1 allowlist.
About Mina Protocol
Mina is a Layer 1 network built around recursive zero-knowledge proofs. In June 2025 the Mina Foundation, which redomiciled to Geneva in December 2023, transferred ownership of core operational functions, including engineering and protocol development, to o1Labs (O(1) Labs Operating Corporation), a Delaware corporation whose principal place of business is San Francisco.