CEX.IO Taps OpenPayd for Fiat Payments and Institutional Settlements

OpenPayd, a financial infrastructure provider, has been selected by CEX.IO—a global cryptocurrency exchange—to underpin its fiat payment operations and institutional settlement activity across its global platform. 

The partnership aims to simplify funds movements across CEX.IO’s global operations. Rather than relying on fragmented banking relationships, the exchange can now route deposits, withdrawals, and internal treasury flows through a unified infrastructure, delivering faster, more consistent settlement for institutional and corporate clients.

With over 15 million retail and professional users worldwide, managing liquidity across jurisdictions creates operational complexity for CEX.IO. For institutional participants in particular, settlement reliability is as important as execution quality. 

Through OpenPayd’s infrastructure, CEX.IO has introduced multi-currency accounts in EUR, GBP, and USD, alongside integrated FX capabilities, enabling more efficient treasury management and streamlined movement of funds across its global operations.

Within this framework, EUR payment flows are supported via SEPA and SEPA Instant, giving CEX.IO access to near real-time settlement for euro-denominated transactions. By consolidating these flows within a single environment, CEX.IO gains a unified treasury view, supporting faster reconciliation, seamless settlement, and greater control as volumes and counterparty relationships scale.

“CEX.IO operates at a global scale, with institutional clients who expect consistency across every touchpoint,” said Iana Dimitrova, CEO at OpenPayd. “The infrastructure underpinning that consistency is what allows exchanges to compete seriously for institutional flow. By choosing OpenPayd and consolidating fiat settlement into a single environment, CEX.IO is building the operational foundation required to support its next phase of growth.”

Through OpenPayd’s regulated infrastructure, CEX.IO can extend that capability as its institutional business continues to scale. 

Founded in 2018 by Dr. Ozan Ozerk, OpenPayd primarily focuses on building the universal financial infrastructure for the emerging digital economy. Its rails-agnostic platform enables businesses to move and manage money globally—across fiat and digital assets—through a single, powerful API. 

Trusted by global brands including eToro, Kraken, OKX, and B2C2, OpenPayd processes more than $180 billion in annual volumes for over 1000 businesses. 

“This integration reflects our focus on closing that gap,” Arina Dudko, CEX.IO’s Head of Corporate Payment Solutions emphasized. “By embedding OpenPayd’s real-time EUR settlement and unified treasury capabilities, we’re aligning our infrastructure with the standards institutions are used to—while preserving the flexibility of digital asset markets.”  

This collaboration reflects a broader shift in how digital asset exchanges are approaching fiat infrastructure. As institutional participation in crypto markets deepens, the ability to deliver regulated, real-time EUR settlement across a complex entity structure—without the friction of fragmented banking arrangements—is an increasingly important operational capability.

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