BlockBeats news, October 4 — Iana Dimitrova, CEO of stablecoin payment infrastructure company OpenPayd, said the company expects to complete its merger with Titan Acquisition Corp. and list on Nasdaq under the ticker OP by the end of the year. The transaction is in the final stage of U.S. SEC review and still requires conditions such as the registration statement becoming effective and approval by Titan shareholders.
The listing will provide funding for U.S. business expansion, and OpenPayd aims to launch services for U.S. customers by April 2027. The company has previously brought MSB USA Inc. and its money transmission licenses in 43 states into the group. OpenPayd provides infrastructure for accounts, foreign exchange, domestic and cross-border payments, and the movement of funds between fiat and stablecoins, with clients including Kraken, B2C2, and OKX.
Dimitrova said the company is looking at acquisition targets that can complement licensing or technical capabilities and accelerate market entry. The listing will also give the company access to financing channels and allow it to use listed shares for transactions and partnerships. OpenPayd is also considering private financing before the merger. According to the disclosed transaction terms, its implied post-merger equity valuation could reach up to $1.1 billion.

