OpenPayd to pursue Nasdaq listing via SPAC merger

Global financial infrastructure platform OpenPayd announced it is pursuing a Nasdaq listing in the fourth quarter through a merger with special purpose acquisition company (SPAC) Titan Acquisition (TACHU). The deal values the company at $1.145 billion. OpenPayd expects to secure $276 million from the listing, which it plans to use for U.S. market expansion and the development of stablecoin and AI agent payment systems.