Stablecoin infrastructure is becoming increasingly integrated into mainstream business payments as companies seek faster settlement and more efficient cross-border treasury operations. Fintech firms are now expanding beyond crypto trading into programmable payment infrastructure, embedded finance, and blockchain-native B2B commerce systems.
Payward has signed a definitive agreement to acquire Reap in a transaction valued at up to $600 million in cash and stock. The acquisition marks a major strategic expansion for Payward Services, the company’s B2B infrastructure division, as it deepens its focus on stablecoin-powered payments, card issuance, and programmable financial infrastructure.
The deal positions Payward to strengthen its role in the rapidly evolving global payments landscape, where businesses are increasingly seeking faster settlement, cross-border liquidity, and blockchain-native treasury operations.
Combining stablecoin settlement with traditional financial rails
The acquisition centers on integrating Reap’s API-driven infrastructure into Payward Services, creating a unified platform for modern B2B financial operations.
Currently, Payward provides infrastructure for:
- crypto trading
- custody services
- tokenized assets
- blockchain-based settlement systems
With Reap’s technology added to the stack, businesses will also gain access to:
- embedded corporate card issuance
- cross-border payouts
- stablecoin treasury management
- programmable payment workflows
Reap has built its business around connecting traditional card networks and banking systems with stablecoin-native settlement infrastructure, allowing companies to move funds globally with greater speed and flexibility. This integration comes as stablecoins continue gaining traction in enterprise finance, particularly for:
- payroll operations
- treasury management
- international settlements
- B2B commerce workflows
According to the companies, Reap nearly tripled its transaction volumes and revenue in 2025, benefiting from growing demand for crypto-enabled corporate payment solutions.
Expanding regulatory reach across global markets
One of the most strategically important aspects of the acquisition is the expansion of the combined company’s regulatory footprint.
Reap brings licensing and operational coverage across parts of:
- APAC
- South America
- emerging international payment corridors
Meanwhile, Payward contributes regulatory infrastructure within:
- the United States
- the European Union
- institutional digital asset markets
Together, the companies aim to create a globally connected payments ecosystem capable of supporting both traditional and blockchain-native financial products.
Arjun Sethi stated that the acquisition reflects a broader transition toward programmable money and continuous financial markets, where AI systems and autonomous agents increasingly participate in economic activity. By controlling multiple layers of the financial stack including settlement, liquidity, custody, and payment issuance Payward is positioning itself to build infrastructure capable of supporting next-generation digital commerce at scale.
Targeting growth in emerging payment markets
The combined entity plans to focus heavily on high-growth regions, particularly:
- MENA (Middle East and North Africa)
- Latin America
- emerging cross-border commerce markets
Following the expected close of the transaction in the second half of 2026, Reap will continue operating under its existing brand and leadership structure while gaining access to Payward’s liquidity and settlement infrastructure. The acquisition follows strong momentum across Payward’s broader ecosystem, including growth in products such as xStocks and expansion of its B2B partner network, which now includes approximately 1,900 companies operating on its infrastructure.
As real-world asset tokenization and stablecoin settlement continue moving into mainstream financial operations, the acquisition reinforces Payward’s ambitions to become a foundational infrastructure provider for blockchain-native commerce and enterprise payments.
About Payward
Payward is a blockchain-native financial infrastructure provider focused on trading, custody, tokenization, and stablecoin-enabled payments. Through Payward Services, the company supports institutional and B2B partners with infrastructure for digital asset operations, liquidity management, and capital market activity. The company operates a growing ecosystem of blockchain-based financial products designed to connect traditional finance with programmable digital asset infrastructure.
About Reap
Reap is a payments infrastructure platform specializing in stablecoin-native money movement and API-driven financial services. The company enables businesses to manage card issuance, treasury operations, and cross-border payments through infrastructure that bridges traditional banking rails with blockchain-based settlement systems. Headquartered in Hong Kong, Reap serves clients across APAC, the Americas, and other international markets.
