This round of investment was spearheaded by Notion Capital and Mercury Fund. Additional support came from AlbionVC, a16z crypto, and CMCC Global.
The funds will be utilized to fuel operational growth, enhance product development, and expand engineering resources as OpenTrade continues building infrastructure for real-world asset (RWA)-backed stablecoin yield offerings.
By enabling fintech platforms, neobanks, and exchanges to integrate stablecoin yield products into their services, OpenTrade operates under a business-to-business-to-consumer (B2B2C) model. This structure allows end users to access USD and EUR denominated stablecoin yields through partner platforms. The company reports transaction patterns indicative of retail financial activity, with regular deposits and withdrawals rather than large-scale institutional transactions.
Growing demand in regions affected by inflation and limited financial access has driven the uptake of OpenTrade’s offerings.
According to a recent press release, OpenTrade currently manages USD 47 million in assets and has processed approximately USD 200 million in transactions over the past year. The company also reports an average monthly growth rate of 20% for the last six months.
Notion Capital representatives noted that foundational infrastructure is now essential to support broader use cases, including yield generation within the stablecoin market, which is now valued at more than USD 240 billion. They highlighted OpenTrade’s model as a solution addressing critical gaps in access to stablecoin-based yields.
Similarly, Mercury Fund officials observed that there is increasing demand for alternatives to low-yield traditional financial products in both emerging and developed markets. These comments underscore the significance of OpenTrade’s approach.
OpenTrade spokespersons expressed that support from institutional investors will facilitate scaling their infrastructure and expanding reach into regions where high-yield, dollar-based savings have historically been less accessible.