Optimism
OPLayer 2 · OP Labs PBC
Listing suspended on 2026-09-14
OP Labs PBC is registry-evidenced as a Delaware corporation and has documented SEC regulatory engagement, but no primary document or pair of independent sources establishes a physical US headquarters (Test 1). Its terms of use give no address; its New York biennial statement (July 2026) and Texas Comptroller record give only an officer and mailing address at 3020 Bridgeway, Sausalito, California, not a principal office; it has no EDGAR filings and no Colorado or Oregon registration. 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 · not met
Headquartered in the United States
OP Labs PBC is not recorded with a US headquarters.
Test 4 · passes on primary documents
Registered in a US state
OP Labs PBC is registered in DE.
1 source· 1 primary
- Registrydata.ny.gov/resource/n9v6-gdp6.json2026-09-14
Test 2 · not met
American founding team
0 of 3 named founders are established US persons holding operational roles today; a majority is required.
Test 3 · passes on primary documents
Primary operations in the United States
OP Labs PBC's General Counsel and Associate General Counsel, with the Optimism Foundation, met the SEC Crypto Task Force on July 21, 2025 to discuss the application of federal securities laws to Layer 2 blockchains.
1 source· 1 primary
- Regulatorsec.gov/files/ctf-memo-optimism-foundation-op-labs-pbc-072125…2026-09-14
Legal entities
OP Labs PBC
Delaware · principal contributor
2 sources· 2 primary
- Registrydata.ny.gov/resource/n9v6-gdp6.json2026-09-14
- Regulatorsec.gov/files/ctf-memo-optimism-foundation-op-labs-pbc-072125…2026-09-14
The Optimism Foundation
Cayman Islands · foundation
1 source· 1 primary
- Legal termsoptimism.io/data-privacy-policy2026-09-14
Founders
Jinglan Wang
Co-Founder; CEO, OP Labs · US status not established · operating role today
2 sources
- Presscoindesk.com/business/2026/03/12/ethereum-layer-2-developer-o…2026-09-14
- Presstheblock.co/post/393339/optimism-op-labs-layoff2026-09-14
Karl Floersch
Co-Founder (current role not established) · US status not established · no operating role today
Ben Jones
Co-Founder (current role not established) · US status not established · no operating role today
Regulatory posture
SEC
Met the SEC Crypto Task Force on July 21, 2025, jointly with the Optimism Foundation, regarding Layer 2 blockchains and a potential registration safe harbor.
1 source· 1 primary
- Regulatorsec.gov/files/ctf-memo-optimism-foundation-op-labs-pbc-072125…2026-09-14
Record history
2026-09-14 · suspended
Suspended: no registry, filing, or legal-document evidence of OP Labs PBC's US headquarters (Test 1).
2026-09-14 · correction
Jinglan Wang corrected from "ex-CEO" to current CEO of OP Labs; "Paradigm (lead, Series A)" and other unsourced investor and audit annotations and the San Francisco HQ removed pending evidence; July 2025 SEC Crypto Task Force meeting added.
2026-04-29 · listed
Listed in the v0.1 allowlist.
About Optimism
Optimism is an Ethereum Layer 2 network built on the OP Stack. OP Labs PBC, a Delaware public benefit corporation, develops the OP Stack alongside the Optimism Foundation, a Cayman Islands foundation company.