OpenTrade Secures Significant Funding for Expansion
OpenTrade, a company focused on providing stablecoin yield products to fintech platforms and exchanges, has recently secured an additional $7 million in funding. This brings the total capital raised by the company over the past six months to more than $11 million.
The latest round of funding was led by Notion Capital and Mercury Fund, with ongoing support from AlbionVC, a16z crypto, and CMCC Global.
These funds will be directed towards enhancing operational growth, product development, and expanding engineering capabilities. OpenTrade aims to continue building infrastructure for real-world asset (RWA)-backed stablecoin yield offerings.
The company enables fintech firms, neobanks, and exchanges to integrate stablecoin yield products into their services via a business-to-business-to-consumer (B2B2C) model. Through this model, stablecoin yields in USD and EUR can be offered to end users through partner platforms. Unlike institutional products, OpenTrade reports user behavior that closely mirrors retail financial activity, with regular deposits and withdrawals from customers.
Gaining Traction in Inflation-Exposed Markets
The company’s offerings have gained significant traction in regions where inflation and limited financial access make it challenging for individuals to maintain savings or gain access to foreign currency accounts. According to an official press release, OpenTrade currently manages $47 million in assets and has processed approximately $200 million in transactions over the past year.
The company reports an average 20% month-on-month growth during the last six months.
Notion Capital representatives noted that stablecoins, now a market valued at over $240 billion, require foundational infrastructure to support broader use cases, including yield generation. They view OpenTrade’s model as addressing structural gaps in access to stablecoin-based yields.
Mercury Fund officials echoed this perspective, highlighting the growing demand for alternatives to low-yield traditional financial products both in emerging and developed markets.
Speaking on behalf of OpenTrade, representatives expressed that the backing from institutional investors will aid in scaling their infrastructure and expanding reach into regions where high-yield, dollar-based savings have historically been limited.