Stablecoin payment infrastructure company OpenPayd plans to list at a valuation of 1.1 billion USD by the end of the year

Odaily News: OpenPayd, a London-based stablecoin payment infrastructure company, plans to complete a Nasdaq listing (ticker: OP) by the end of 2026 through a merger with Titan Acquisition Corp., at a valuation of approximately 1.1 billion USD. CEO Iana Dimitrova stated that the proceeds from the listing will be used for U.S. market expansion and acquisitions, with the goal of launching services for U.S. customers before April 2027. The company has acquired and incorporated money transmission licenses in 43 states.

OpenPayd's latest fiscal year (ending April 30, 2026) revenue was 73 million USD, a year-over-year increase of approximately 28%. The company provides fiat and stablecoin payment infrastructure, with clients including Kraken, OKX, and others (CoinDesk).