金色财经
金色财经|10月 03, 2026 22:41
[OpenPayd Plans to Go Public on Nasdaq by Year-End, Enter U.S. Market in April 2027] According to a report by Jinse Finance, on October 4, London-based payment infrastructure company OpenPayd CEO Iana Dimitrova told CoinDesk that the company expects to complete its merger with Titan Acquisition Corp. and go public on Nasdaq by the end of this year. The transaction is still subject to the effectiveness of the registration statement with the U.S. Securities and Exchange Commission and approval from Titan shareholders. After listing, the stock ticker will be OP. Based on the disclosed terms, the transaction implies a pro forma equity value of up to $1.1 billion for OpenPayd. OpenPayd provides account, foreign exchange, and domestic and international payment services to companies such as Kraken, B2C2, and OKX, as well as infrastructure for fiat-to-stablecoin conversions. It has integrated with the Circle payment network and Fireblocks payment network. Last month, the company incorporated MSB USA Inc. and its 43 state-level money transmission licenses into the group, with plans to launch services for U.S. customers by April 2027. For the fiscal year ending April 30, 2026, the company reported revenue of $73 million, up from $57 million in the previous fiscal year, EBITDA of $13 million, and a net loss of $2.8 million. A company spokesperson stated that the entire loss was due to $5.8 million in one-time transaction costs related to the merger. Dimitrova stated that the company intends to acquire businesses that can provide licenses or technology to accelerate entry into new markets. The public listing will provide funding and publicly traded shares that can be used for transactions and partnerships. The company is also considering conducting a private placement before the merger to raise growth capital.
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