PANews
PANews|Oct 04, 2026 00:10
[Stablecoin Payment Infrastructure Company OpenPayd Plans to Go Public with $1.1 Billion Valuation by Year-End] According to CoinDesk, London-based stablecoin payment infrastructure company OpenPayd plans to go public on Nasdaq (stock ticker: OP) by the end of 2026 through a merger with Titan Acquisition Corp., with an estimated valuation of approximately $1.1 billion. CEO Iana Dimitrova stated that the proceeds from the listing will be used for U.S. market expansion and acquisitions, aiming to launch services for U.S. customers by April 2027. The company has already acquired and integrated money transmitter licenses in 43 states. OpenPayd's latest fiscal year (ending April 30, 2026) revenue reached $73 million, representing a year-over-year growth of approximately 28%. The company provides fiat and stablecoin payment infrastructure, with clients including Kraken, OKX, and others.
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