- Instant GBP, EUR, and USD fiat settlement will be made possible by Archax using OpenPayd’s regulated financial infrastructure.
- Archax can manage multi-currency flows across its primary fiat currencies in a single, compliant treasury environment thanks to OpenPayd’s account structure.
In order to simplify fiat settlement across its international trading operations, Archax, the first digital asset exchange, broker, and custodian subject to FCA regulation, has announced a collaboration with OpenPayd, the leading provider of financial infrastructure. As institutional involvement increases and settlement procedures need more operational resilience at scale, the alliance tackles a crucial barrier for digital asset markets.
Instant GBP, EUR, and USD fiat settlement will be made possible by Archax using OpenPayd’s regulated financial infrastructure. The main flows will be between Archax and its network of institutional liquidity partners. Throughout the institutional digital asset trading ecosystem, the unified environment improves operational synergies, speeds up reconciliation, and lowers settlement friction. Additionally, the platform facilitates Archax’s customers’ withdrawal and settlement activities.
Archax can manage multi-currency flows across its primary fiat currencies in a single, compliant treasury environment thanks to OpenPayd’s account structure. For institutional participants implementing complex digital asset trading strategies, this centralized model minimizes operational complexity, expedites settlement cycles with liquidity partners, and enhances visibility and reconciliation across multi-currency fiat flows—capabilities that are becoming more and more important.
Graham Rodford, CEO and co-founder of Archax, commented:
“As the adoption of digital assets by institutions continues to grow and scale, it is vital to have credible, streamlined, efficient fiat payment and settlement rails in place to support them – as well as to explore new innovations like stablecoins and digital cash. This partnership with OpenPayd does just that. We are pleased to be working with them to leverage their proven infrastructure and deliver further on our vision.”
Iana Dimitrova, CEO at OpenPayd, adds:
“Archax has built one of the most credible institutional platforms in digital assets, combining regulatory clarity with deep liquidity. By supporting their multi-currency settlement infrastructure, we’re eliminating friction in the fiat-to-crypto interface, where many institutional players still face operational headaches. Together, we’re helping make institutional digital asset trading more reliable and operationally seamless.”
Based in the US, UK, EU, and UAE, Archax is a regulated digital asset platform that caters to institutions and professionals worldwide.
All forms of digital assets are supported by Archax, which was founded by specialists in conventional capital markets. These include regulated tokenized real-world assets (RWAs) and unregulated cryptocurrencies. The whole digital lifecycle, from token issuance and fundraising to trading and custody, is likewise covered by Archax.
Traditional financial market players may enter the digital, cryptocurrency, and DeFi arena thanks to Archax’s worldwide, regulated on-chain capital markets infrastructure.
The digital economy’s universal financial infrastructure is being built by OpenPayd. Through a single, robust API, their rails-agnostic platform allows companies to transfer and manage money internationally across fiat and digital assets. OpenPayd facilitates interoperability between conventional finance and digital assets by offering embedded accounts, FX, local and international payments, Open Banking, and stablecoin on/off ramps. OpenPayd facilitates real-time money transfer worldwide with one of the most extensive banking networks available.
Global companies like eToro, Kraken, OKX, and B2C2 trust them, and they handle over 800 enterprises’ yearly volumes of over €130 billion. The infrastructure layer enabling the next wave of financial services is OpenPayd.
