OpenPayd, a leading provider of financial infrastructure, has partnered with Altify, a tokenized private market investing app, to enhance multi-currency on/off ramps for digital assets. The collaboration, launched on October 20, 2023, enables seamless fiat-to-crypto transactions in EUR, GBP, and USD through payment rails such as SEPA, Faster Payments, and SWIFT.
This integration aims to streamline fund transfers for Altify's over 80,000 global users, improving liquidity and accessibility for investments in digital and tokenized real-world assets (RWAs). Key figures involved include Iana Dimitrova of OpenPayd and Sean Sanders of Altify, with the partnership consolidating currency flows to elevate platform efficiency and support cross-border asset mobility.
Sean Sanders, CEO of Altify, emphasized the importance of this move, stating, "We built Altify to make private market investing as simple as buying public stocks. But you can’t have a seamless investment experience if moving money is a headache. OpenPayd solves that by providing infrastructure for instant movement between fiat and digital assets." Lux Thiagarajah, Chief Commercial Officer at OpenPayd, added that this supports Altify's next-generation investing experience with speed and reliability.
The partnership is projected to increase volume in digital asset trades on Altify's platform, driving towards greater interoperability in digital finance. Historical precedents include OpenPayd's similar collaborations with entities like Kraken and Circle, pointing to positive regulatory and technological advancements in the space.
