Archax and OpenPayd Partner to Streamline Multi-Currency Settlement for Digital Asset Trading

Archax, the first FCA-regulated digital asset exchange, broker and custodian, has announced a partnership with OpenPayd, a leading provider of financial infrastructure, to streamline fiat settlement across its global trading operations. The partnership addresses a critical bottleneck for digital asset markets as institutional participation grows and settlement workflows require greater operational resilience at scale. 

Archax will use OpenPayd’s regulated financial infrastructure to facilitate instant GBP, EUR and USD fiat settlement, with flows moving primarily between Archax and its network of institutional liquidity partners. The shared environment reduces settlement friction, accelerates reconciliation and enhances operational synergies across the institutional digital asset trading ecosystem. The platform also supports withdrawal and settlement activity for Archax’s clients.

OpenPayd’s account structure provides Archax with a unified, compliant treasury environment for managing multi-currency flows across its core fiat currencies. This centralised model reduces operational complexity, shortens settlement cycles with liquidity partners, and improves visibility and reconciliation across multi-currency fiat flows – capabilities that are increasingly vital for institutional participants executing sophisticated digital asset trading strategies.

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.”