Crypto Drives Change: IPSI’s Insurance Arm Adopts Instant Blockchain-Based Payments

Innovative Payment Solutions, Inc. (OTC: IPSI) has made a notable entry into the insurance industry by establishing Astria Insurance Solutions Inc., a fully owned subsidiary dedicated to insurance marketing, licensing, and enabling premium payments with cryptocurrency

. Announced on November 21, 2025, this initiative allows IPSI to merge its financial technology infrastructure with insurance offerings, utilizing blockchain-based payment systems, digital wallets, and instant settlement features . Astria is currently in talks to purchase a contemporary insurance marketing platform and is preparing a Marketing and Services Agreement (MSA) with a licensed agency to quickly generate leads and revenue .

One of Astria’s standout features is its capacity to process premium payments in digital currencies, made possible by IPSI’s established technology . This approach follows the broader movement within the financial sector toward integrating cryptocurrencies into transactions, as seen with IPSI’s recent rollout of a comprehensive payments platform supporting real-time settlement and crypto payment rails . The platform, which is now operational, connects to 14 payment networks and 18 banking partners, streamlining merchant onboarding and automating underwriting processes . By bringing these capabilities into its insurance arm, IPSI seeks to serve tech-savvy consumers and fast-paced business clients .

Astria’s plan also includes securing insurance licenses in individual states, allowing it to act as a direct provider throughout the U.S.

. The subsidiary intends to hire licensed experts to address regulatory requirements and eventually restart an in-house premium finance program for both commercial and retail customers . CEO Bill Corbett highlighted the strategic importance of combining payments, fintech, and insurance: “This step brings us immediate new revenue streams and builds lasting value through licensing, acquiring technology, and premium finance services.”

This development comes as cryptocurrency advocates, including leading industry organizations, push for clearer regulations from the Trump administration to support decentralized finance (DeFi) progress

. Although not directly tied to IPSI’s insurance efforts, the evolving regulatory landscape highlights increasing institutional interest in crypto adoption. For example, lobbyists have advocated for tax rules that postpone taxation on mining and staking gains until assets are sold, a policy that could indirectly support insurance models using crypto .

IPSI’s move into insurance is part of its larger goal to connect conventional banking with blockchain technology. Its platform already enables instant payments and immediate disbursements, which are vital for insurers looking to improve premium collection processes

. By providing crypto payment solutions, Astria hopes to attract specialized markets such as online enterprises and digital-first customers, while maintaining regulatory compliance .

Specifics regarding acquisition deals, licensing progress, and launch schedules have yet to be disclosed, with further updates anticipated as regulatory and operational matters are resolved

. For now, this project underscores the increasing intersection of fintech and insurance, with cryptocurrency driving innovation in premium payments and risk management .