Archax and OpenPayd partner to streamline institutional fiat settlement
Integration aims to reduce complexity and improve reconciliation across multi-currency flows
Digital asset exchange Archax has partnered with embedded finance platform OpenPayd to enhance fiat settlement across its global trading operations.
The companies said the collaboration addresses a key challenge for digital asset markets, where growing institutional adoption requires more resilient and efficient settlement infrastructure.
OpenPayd’s account architecture provides Archax with a unified and compliant environment for managing multi-currency flows, covering its core fiat currencies. Archax said the centralised model simplifies operations, shortens settlement cycles with liquidity partners and improves reconciliation and visibility across transactions.
“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,” said Graham Rodford, chief executive and co-founder of Archax.
“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.”
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Iana Dimitrova, chief executive of OpenPayd, said: “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.”
The Recap
- Archax partners with OpenPayd to streamline fiat settlement.
- Centralised treasury model manages multi-currency core fiat flows.
- Partnership aims to reduce operational friction for institutional trading.
