A new partnership has been announced between OpenPayd, the financial infrastructure provider, and SCRYPT, the Swiss-licensed partner for institutional crypto solutions, as the latter looks to improve its Euro payment capabilities.
By integrating OpenPayd‘s pan-European infrastructure into its own, SCRYPT is enhancing its existing offering which serves a diverse range of from traditional financial institutions to Web3 companies, by providing its clients with the ability to make instant EUR transfers 24/7/365, without relying on third-party payment rails.
This integration strengthens SCRYPT’s institutional infrastructure by accelerating liquidity access, enhancing capital efficiency, and enabling seamless cross-border flows for institutional clients.
Gabriel Titopoulos, managing director, markets and trading at SCRYPT, commented: “As an institutional and trusted partner processing billions in monthly trading volume, a robust banking infrastructure is at the core of our offering. Partnering with OpenPayd allows us to offer instant Euro rails that match the speed and security expectations of our institutional clients.
“We see OpenPayd as a valuable addition to our growing network of trusted providers, supporting our continued commitment to deliver fast and seamless institutional-grade settlement solutions.”
Built for the digital economy, OpenPayd’s platform provides the critical fiat infrastructure for businesses like SCRYPT, enabling them to launch and scale faster, with full control over their financial operations. With a network of over 200 digital asset businesses, Lux Thiagarajah, chief commercial officer at OpenPayd, further explained how the company was helping SCRYPT: “Our mission is to provide a universal financial infrastructure that empowers innovators like SCRYPT to move and manage money globally.
“Through our proprietary platform, and deep network of digital asset firms, we’re enabling faster, safer and more scalable payment flows – powering the future of the digital economy.”
