OpenPayd Plans to Go Public with a Valuation of $1.1 Billion
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London-based stablecoin payment infrastructure company OpenPayd plans to complete its NASDAQ listing through a merger with Titan Acquisition Corp. by the end of 2026, with the stock ticker OP, at a valuation of approximately $1.1 billion. CEO Iana Dimitrova stated that the proceeds from the listing will be used for expansion in the U.S. market and acquisitions, aiming to launch services for U.S. customers by April 2027. The company has acquired and incorporated money transfer licenses in 43 states. OpenPayd's latest fiscal year (ending April 30, 2026) reported revenues of $73 million, a year-on-year increase of about 28%. The company provides fiat and stablecoin payment infrastructure, with clients including Kraken and OKX.
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