The authorization grants OpenPayd crypto-asset service provider status, enabling the company to facilitate fiat-to-stablecoin conversions, custody, and wallet infrastructure. Businesses can utilize these services through a single API, which bridges traditional banking rails with digital asset workflows. According to CEO Iana Dimitrova, the regulatory clarity provided by MiCA serves as a catalyst for mainstream financial institutions to integrate digital assets into their treasury and payment systems.
OpenPayd currently processes over $240 billion in annualized transaction volume for a client base that includes Kraken, eToro, OKX, and B2C2. The company has spent the past year building out its stablecoin infrastructure, including high-profile integrations with the TON Blockchain and Circle’s USDC. This regulatory milestone arrives alongside the company’s plans for a U.S. public listing; OpenPayd recently announced a proposed merger with Titan Acquisition Corp. that values the firm at approximately $1.1 billion. Pending shareholder and regulatory approval, the company expects to debut on the Nasdaq under the ticker symbol “OP” by the end of 2026.
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