OpenPayd Targets Nasdaq Listing After Titan Merger

OpenPayd, a stablecoin payment firm, is targeting completion of its merger with Titan Acquisition Corp. by the end of this year. The company plans to list on the Nasdaq under the ticker OP and expects the transaction to value it at up to $1.145 billion on a pro-forma equity basis.

The merger will allow OpenPayd to expand into the U.S. market, where it plans to launch services by April 2027 with 43 state money transmitter licenses. The company's revenue reached $73 million in fiscal 2026, while EBITDA totaled $13 million.