OpenFX Acquires Global Ledger, Launches Multicurrency Accounts for Fintech

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According to ChainCatcher, OpenFX has acquired Global Ledger and launched multicurrency accounts for fintech clients. The company has also appointed Tyler McIntyre, founder of Global Ledger, as its head of banking. McIntyre co-founded Novo Bank, which serves over 300,000 businesses. The new accounts enable clients to transact in local currencies without immediate conversion. OpenFX initially rolled out USD accounts, supporting payments to more than 100 countries via ACH, Fedwire, and SWIFT. This move aligns with evolving global crypto regulations and follows recent new token listings.

ChainCatcher report: Real-time cross-border fund flow platform OpenFX has announced the acquisition of Global Ledger, with its founder Tyler McIntyre assuming the role of Head of Banking. Concurrently, OpenFX is launching a multi-currency account service. McIntyre previously co-founded the neobank Novo, which serves over 300,000 businesses and is valued at more than $700 million. The account enables customers to pay in local currencies, allowing companies to hold incoming funds directly without immediate conversion. OpenFX’s initial offering includes a USD account that supports receiving and sending funds to and from over 100 countries via ACH, Fedwire, and SWIFT, with seamless integration with stablecoins such as USDC.

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