OpenPayd, a provider of financial infrastructure, has announced plans to become a publicly traded company on Nasdaq via a merger with a special purpose acquisition company. The move positions the firm as a unicorn and highlights the growing convergence between conventional banking systems and digital assets, including stablecoins. Under the definitive business combination agreement with Titan Acquisition Corp. (Nasdaq: TACHU), OpenPayd will list under the ticker symbol “OP” once the deal closes.
The transaction assigns the company an equity value of approximately $1.145 billion on a pro-forma basis, marking its entry into unicorn territory.
This strategic step is designed to fuel the next phase of expansion for a platform that simplifies cross-border money movement for businesses.
OpenPayd’s technology sits at the crossroads of traditional finance and blockchain. Its unified API allows enterprises to handle global accounts, instant payments, foreign exchange, and trading across fiat networks, blockchain rails, and stablecoins.
The company has a regulatory presence in key markets, including the United States, the United Kingdom, the European Economic Area, Canada, and South Africa.
These licenses, combined with deep connections to banks, payment systems, and stablecoin providers, enable orchestration of funds across borders and asset types.
The platform currently supports more than 1,100 clients in 180 countries. Notable partners include major players such as eToro and Kraken, demonstrating strong traction among leading fintech and crypto organizations.
By bridging legacy systems with programmable digital money, OpenPayd helps businesses scale efficiently in an increasingly borderless economy.
Upon deal completion, OpenPayd anticipates receiving up to $276 million in gross proceeds from Titan’s trust account, assuming minimal redemptions from public shareholders.
These funds will bolster the balance sheet and accelerate investments in technology, talent, and additional regulatory approvals.
Priorities include deepening U.S. operations and advancing capabilities in integrated fiat-stablecoin solutions, as well as the emerging field of agentic payments—where autonomous systems handle transactions independently.
Financially, the company shows solid momentum. As of March 2026, it reported over $85 million in annualized recurring revenue and processes more than $240 billion in annualized transaction volume.
These metrics underscore its readiness to capture a larger share of the evolving global payments ecosystem.
Iana Dimitrova, Chief Executive Officer of OpenPayd, described the listing as a key milestone that validates the platform’s scale, compliance strength, and profitable growth trajectory. She emphasized the firm’s role as a partner amid changes in financial infrastructure.
Founder Ozan Ozerk offered a forward-looking perspective: the future of finance will revolve around self-moving money powered by autonomous agents.
OpenPayd aims to serve as the foundational operating system linking traditional rails with blockchain-native networks, enabling intelligent systems to transact fluidly.
Going public is expected to provide both capital and visibility to lead this transformation.
Frank Mastrangelo, Chairman and CEO of Titan Acquisition Corp., expressed enthusiasm about partnering with a high-growth fintech at the center of fiat-digital integration.
He noted supportive regulatory trends and institutional interest in digital assets as tailwinds for long-term success. The combined entity could become the first pure-play public platform focused on this intersection. Both boards have unanimously approved the transaction, which is targeted for completion in the fourth quarter of 2026, subject to shareholder and regulatory approvals.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!