OpenTrade has raised $17 million in a strategic funding round led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC, and CMCC Global. The raise brings total funding for the company to more than $30 million.
The company builds stablecoin yield infrastructure used by fintechs and exchanges, offering plug-and-play tools that let firms launch dollar- and euro-denominated yield products backed by real-world assets without building their own investment or custody systems.
OpenTrade said the new capital will be used to expand its infrastructure, further develop its Curation+ services, and grow its engineering, asset management, and customer success teams as it scales globally. The round comes as demand for stablecoin-based financial products continues to grow and as the company looks to deepen its role in connecting fintech distribution with real-world asset yield.
The company builds stablecoin yield infrastructure used by fintechs and exchanges, offering plug-and-play tools that let firms launch dollar- and euro-denominated yield products backed by real-world assets without building their own investment or custody systems.
OpenTrade said the new capital will be used to expand its infrastructure, further develop its Curation+ services, and grow its engineering, asset management, and customer success teams as it scales globally. The round comes as demand for stablecoin-based financial products continues to grow and as the company looks to deepen its role in connecting fintech distribution with real-world asset yield.