OpenPayd, a London-based payments infrastructure firm whose fiat rails serve major cryptocurrency exchanges Kraken and OKX, expects to complete its merger with Titan Acquisition Corp and list on the Nasdaq under the ticker OP before the end of 2026, at a targeted valuation of $1.1 billion.

Chief executive Iana Dimitrova said the deal has entered its final stage. From here, the milestones to watch are the formal closing of the merger and OpenPayd's first session of trading on Nasdaq under the OP ticker.

The transaction is structured as a merger with a special purpose acquisition company (SPAC). SPACs are shell companies that list on a stock exchange with the aim of merging with a private business, allowing it to become publicly traded without a conventional initial public offering (IPO). The Nasdaq, one of the largest stock exchanges in the United States, is a common listing venue for technology and financial-services firms.

OpenPayd builds payments and banking infrastructure that links traditional financial rails with digital-asset businesses. Its fiat payment rails serve Kraken and OKX, among the world's most widely used cryptocurrency exchanges, providing connectivity between conventional banking networks and crypto trading platforms. Firms of this kind occupy an important position in the digital-asset economy, handling the fiat on-ramps and off-ramps through which funds move between traditional currencies and crypto assets.

This content was first published on COINOTAG on October 4, 2026: https://en.coinotag.com/openpayd-nasdaq-listing-spac-merger-1-145b