Financial infrastructure provider OpenPayd has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), granting the company passporting rights to offer regulated digital asset services across the entire European Economic Area (EEA). Approved as a Crypto-Asset Service Provider (CASP) by the Malta Financial Services Authority (MFSA), OpenPayd will deploy its newly regulated capabilities to deliver automated fiat-to-stablecoin on-ramping and off-ramping infrastructure.
The regulatory milestone lands just ahead of a critical July 1 MiCA transitional deadline, placing OpenPayd alongside other prominent industry players, such as OKX, Gemini, Ripple, and Bitcoin Suisse, that have successfully finalized their European compliance frameworks. OpenPayd Chief Executive Officer Iana Dimitrova noted that the MiCA framework offers traditional enterprises and Web3 businesses greater structural confidence to integrate stablecoins directly into their routine payments, treasury operations, and cross-border cash management flows.
OpenPayd currently orchestrates more than $240 billion in annualized transaction volumes for over 1,100 corporate clients globally, operating as a key fiat gateway for major digital asset brands including Kraken, eToro, OKX, and B2C2. Founded in London in 2018 by fintech entrepreneur Ozan Ozerk, the infrastructure company is simultaneously advancing its own institutional growth strategy outside the European continent. OpenPayd recently announced a definitive $1.1 billion business combination agreement with special purpose acquisition company Titan Acquisition Corp, a public-listing path that is on track to transition the financial infrastructure platform to the Nasdaq stock exchange under the ticker symbol “OP” by the final quarter of 2026.
