OpenPayd to Go Public via SPAC Merger with $1.145 Billion Valuation

OpenPayd has entered into a definitive SPAC merger agreement, which will see the stablecoin payment platform listed on Nasdaq. According to NS3.AI, the enterprise valuation for this transaction is estimated at $1.145 billion. The merger could potentially raise up to $276 million in financing, contingent on Titan shareholders opting not to redeem their shares.