OpenPayd, a financial infrastructure provider, has announced a partnership with Altify, an app for tokenized private-market investing, to simplify the process of depositing and withdrawing EUR, GBP, and USD for Altify’s 80,000 investors.
- Key Benefit: This integration enables Altify users to move money easily between traditional and digital markets using payment networks like SEPA, Faster Payments, and SWIFT.
- Goal: The partnership aims to ensure smoother cross-border transfers and a more consistent investment experience across all asset classes, including tokenized real-world assets (RWAs), private credit, commodities, stocks, and crypto—all accessible via Altify’s single interface.
- Instant Movement: According to Altify CEO Sean Sanders, OpenPayd provides the crucial infrastructure that allows their users to “move between fiat and digital assets instantly,” eliminating the friction often associated with fiat-to-crypto transactions.
- Unified Environment: Lux Thiagarajah, OpenPayd’s CCO, noted that consolidating the major currency flows into a single, unified environment provides Altify with the speed and reliability needed to deliver a seamless global investing experience, particularly for European investors who prefer depositing in local currencies while accessing USD opportunities.
This collaboration highlights the growing importance of interoperability between traditional and digital finance.
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