🚹 BREAKING NEWS: Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions

OpenPayd expects to complete its planned Nasdaq listing by the end of the year as it prepares to enter the U.S. market and pursue further acquisitions, CEO Iana Dimitrova told CoinDesk in an interview.

The London-based payments infrastructure company is in the final stages of the U.S. Securities and Exchange Commission’s review of itsproposed mergerwith Titan Acquisition Corp., Dimitrova said.

She expects the deal to close this year, barring a significant external disruption. The transaction still requires the registration statement to become effective and approval from Titan shareholders, among other conditions. OpenPayd would trade under the ticker OP.

The U.S. has become a more attractive market for crypto companies as it develops rules for digital assets and stablecoins.The GENIUS Actestablished a federal framework for payment stablecoins, while the SEC has proposed rules tailored to some crypto assets. For companies such as OpenPayd, that shift creates an opening to sell payments infrastructure to businesses connecting traditional finance with blockchain networks, even as broadermarket-structure legislation remains unresolved.

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📰 Nguồn: đŸȘ™ CoinDesk

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