OpenPayd, payments provider for Kraken and OKX, targets Nasdaq listing at $1.1B valuation
- —Merger with Titan Acquisition Corp. is in the final stage of SEC review, closing expected by end-2026
- —Post-merger equity value could reach $1.1 billion; shares to trade under ticker OP
- —Revenue for the fiscal year ended April 30, 2026 was $73 million, up from $57 million
- —Net loss of $2.8 million stemmed from $5.8 million in one-off deal costs
Why it matters: A payments provider for major crypto exchanges listing on Nasdaq tightens crypto's link to traditional finance and speeds up stablecoin payment expansion in the US.
Source: Koin Bülteni