Sage Capital Management Taps OpenPayd to Expand Fiat Rails for Institutional Crypto Clients

The integration adds USD, EUR and GBP payment capabilities, including SWIFT, SEPA and Faster Payments connectivity, as Sage expands its infrastructure for institutional digital asset firms.

Sage Capital Management has selected financial infrastructure provider OpenPayd to expand fiat payment and settlement capabilities for its institutional digital asset clients.

The integration gives Sage clients access to additional USD, EUR and GBP payment rails, including USD on- and off-ramping via SWIFT, euro payments through SEPA and sterling payments through the UK's Faster Payments network and SWIFT.

Sage, which provides banking, liquidity, lending and technology infrastructure to digital asset institutions, said the expanded connectivity is designed to make it easier for clients to fund trading activity and settle with liquidity providers across different currencies and payment networks.

The company serves hedge funds, asset managers, trading firms, brokers, corporate treasuries and digital asset treasuries.

OpenPayd will also allow Sage to issue virtual International Bank...

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