OpenPayd, a payment infrastructure provider serving major crypto and fintech clients, has announced plans to go public through a merger with special purpose acquisition company Titan Acquisition Corp. The transaction values the combined entity at approximately $276 million in gross proceeds and will see OpenPayd list on Nasdaq under the ticker symbol OP, subject to regulatory and shareholder approvals expected by the fourth quarter of 2026.
The company provides embedded finance infrastructure including foreign exchange, cross-border payments, open banking services, and cryptocurrency on-ramps and off-ramps to over 1,100 customers across 180 countries. Its client roster includes prominent digital asset platforms such as eToro, Kraken, OKX, and B2C2. OpenPayd currently holds regulatory authorizations in multiple key jurisdictions including the United States, United Kingdom, European Economic Area, Canada, and South Africa.
According to the announcement, OpenPayd processes more than $240 billion in annualized transaction volume and generates over $85 million in annualized recurring revenue as of March 2026. The capital raised through this transaction is earmarked for balance sheet strengthening and expansion initiatives, with particular focus on the US market alongside further technology development, compliance infrastructure, and additional licensing.
For brokers and payment firms, this deal signals continued investor appetite for regulated infrastructure bridging traditional finance and digital assets, particularly platforms offering multi-jurisdictional compliance frameworks and unified API access.
FXnCO Insight
The public listing demonstrates that scalable, multi-licensed payment infrastructure providers serving both traditional FX and crypto markets remain attractive to institutional capital despite ongoing regulatory uncertainty.
Source: Finance Magnates