Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
London-based payments firm OpenPayd is nearing a Nasdaq listing through a merger with Titan Acquisition Corp. to fund its expansion into the U.S. market. The company aims to capitalize on the evolving regulatory landscape for stablecoins and digital assets.
Why it matters
The move reflects a broader trend of fintech companies seeking public market access to scale operations as U.S. crypto regulations become more defined.
The London-based payments infrastructure company is in the final stages of the U.S. Securities and Exchange Commission’s review of its proposed merger with Titan Acquisition Corp., Dimitrova said.
She expects the deal to close this year, barring a significant external disruption. The transaction still requires the registration statement to become effective and approval from Titan shareholders, among other conditions. OpenPayd would trade under the ticker OP.
The U.S. has become a more attractive market for crypto companies as it develops rules for digital assets and stablecoins. The GENIUS Act established a federal framework for payment stablecoins, while the SEC has proposed rules tailored to some crypto assets. For companies such as OpenPayd, that shift creates an opening to sell payments infrastructure to businesses connecting traditional finance with blockchain networks, even as broader market-structure legislation remains unresolved .
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in