OpenTrade raises $17M to expand stablecoin yield infrastructure after topping $200M TVL
Summary
London-based OpenTrade has raised $17 million in a strategic funding round led by Mercury Fund and Notion Capital, bringing its total capital to over $30 million. The platform, which provides institutional-grade infrastructure for onchain and real-world asset-backed lending, plans to use the funds to expand its permissioned and permissionless systems. Key initiatives include scaling its Curation+ vault framework and increasing engineering and asset management capacity to support growth, aiming for over $1 billion in transaction volume by the end of 2026.
(Source:The Block)