OpenTrade, a London-based stablecoin infrastructure startup, has secured $17 million in a strategic funding round.
The round was led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, and CMCC Global, bringing the company's total funding to over $30 million.
What Does OpenTrade Do?
OpenTrade provides institutional-grade tools for fintechs, neobanks, and exchanges to offer yield-bearing stablecoin products backed by real-world assets like U.S. Treasuries and money market funds.
Its platform includes permissioned vaults and a permissionless protocol layer, enabling seamless integration of yields from 3.85% on USD money markets to up to 20% on diversified DeFi strategies.
Impressive Growth Milestones
The company has already surpassed $200 million in total value locked and processed over $250 million in transaction volume last year.
Founded by CEO David Sutter, co-founders Jeff Handler and Tom Niermann, OpenTrade follows prior rounds including a $7 million raise in 2025 from similar backers.
Why Stablecoin Yields Matter Now
With global stablecoin supply exceeding $300 billion, demand for reliable yields is surging as users seek alternatives to low bank rates in inflation-hit economies.
In the UK, post-Brexit regulations are fostering crypto innovation, positioning OpenTrade to bridge traditional finance and blockchain.
A non-obvious angle: This funding empowers emerging market fintechs to offer competitive yields via tokenized RWAs, outpacing local banks and reducing remittance costs for millions.
Future Plans and Broader Impact
OpenTrade plans to expand its engineering, asset management, and customer success teams to scale infrastructure for both permissioned and permissionless use cases.
For everyday users, this means safer, 24/7 access to high-yield digital dollars, potentially transforming savings in volatile regions.
Ultimately, OpenTrade's growth signals the maturation of stablecoins from speculative tools to everyday money management solutions.