During an interview with CoinDesk, CEO Iana Dimitrova stated that OpenPayd anticipates finishing its planned Nasdaq entry by the close of the year while preparing for its rollout into the United States and driving upcoming buyouts.
Dimitrova noted that the London-based payments infrastructure enterprise is presently going through the final evaluation steps with the U.S. Securities and Exchange Commission regarding its proposed merger with Titan Acquisition Corp.
She projects the arrangement to conclude before the year is out, assuming no major outside disruptions occur. The deal still relies on the registration statement becoming operational and securing validation from Titan shareholders, alongside other criteria. OpenPayd is set to be listed under the ticker symbol OP.
The United States has emerged as an increasingly appealing destination for crypto enterprises as the country formulates regulations for digital currencies and stablecoins. The GENIUS Act established a federal framework governing payment stablecoins, while the SEC has brought forth guidelines specifically targeted at certain digital assets. For organizations like OpenPayd, this regulatory evolution opens a pathway to supply payment architecture to companies linking traditional finance with distributed ledger networks, even as broader market-structure legislation remains unresolved.
Digital asset firms are pursuing various routes to the public markets: stablecoin payment provider RedotPay continues advancing its U.S. IPO initiatives following the recent completion of a financial audit. Conversely, others are holding off, with Kraken parent company Payward postponing its listing until the second quarter of 2027 at the earliest, as reported by CoinDesk.
OpenPayd has already integrated with the Circle Payments Network to facilitate cross-border transactions and has become part of Fireblocks’ payments ecosystem, allowing alternative participants to leverage its fiat framework.
Dimitrova remarked that the organization operates as a international infrastructure network for modern monetary transfers, adding that no other public market competitor provides the exact mix of fiat and stablecoin capabilities that OpenPayd offers today.
She further explained that the public offering will help finance expansion into the United States, with OpenPayd targeting the rollout of client offerings in that region by April 2027.
U.S. launch takes shape
The enterprise advanced toward that launch timeline last month by incorporating MSB USA Inc. along with its 43 state money transmitter licenses into the OpenPayd corporate umbrella.
OpenPayd grants businesses entry to accounts, foreign exchange operations, and both domestic and international settlement options, alongside systems for moving value between legacy currencies and stablecoins. Its clientele features prominent entities such as crypto platform Kraken, market maker B2C2, and trading venue OKX.
According to an investor presentation, the firm posted $73 million in revenue for the financial year ending April 30, 2026, marking an increase from $57 million during the preceding year. Additionally, the company generated $13 million in EBITDA and incurred a net loss of $2.8 million for the most recent annual period.
A corporate representative clarified via email that the reported net loss of $2.8 million stems entirely from $5.8 million in non-recurring transaction expenses associated with the proposed business combination.
Dimitrova noted that the United States presents strong business prospects across international transactions and stablecoin utilities.
She characterized postponements surrounding U.S. digital-asset market-structure bills as a temporary hurdle, though she emphasized they did not alter OpenPayd’s commitment to scale operations there.
More deals on the agenda
Corporate buyouts are expected to play an expanded part as the firm penetrates new territories.
Dimitrova mentioned that OpenPayd maintains an interest in purchasing entities that bring extra licenses or technical frameworks, enabling faster market entry compared to developing those functionalities internally.
A stock exchange listing would supply both funding availability and publicly traded equity to utilize in upcoming transactions and alliances. She added that the enterprise is also exploring a private placement ahead of the merger to secure additional capital for its expansion strategy.
Based on the disclosed terms of the Titan agreement, OpenPayd’s estimated pro forma equity valuation could achieve $1.1 billion.
“Few markets can match the energy and ambition of the U.S.,” Dimitrova stated. “We want to harness that momentum to take OpenPayd from European success to global scale.”
Originally published at https://www.coindesk.com/business/2026/10/03/openpayd-targets-year-end-nasdaq-listing-to-fund-u-s-expansion-and-acquisitions.
