Stablecoin infrastructure platform OpenTrade closed a $17 million funding round Wednesday, led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC and CMCC Global. According to reports from OpenTrade, this brings the London-based company's total funding to more than $30 million. The funding will be used to expand both its permissioned and permissionless infrastructure and support plans to grow its asset management and trading teams.
OpenTrade enables fintechs, exchanges, wallets and institutional clients to offer stablecoin yield products backed by real-world assets. As reported by the company, its total value locked stands at $200 million and it claims to have processed more than $250 million in transaction volume in 2025. The startup operates in a stablecoin market that has grown to more than $300 billion in supply, driving demand for infrastructure that connects digital assets to yield strategies across traditional and decentralized finance.
According to OpenTrade's CEO and co-founder David Sutter, the platform has made it simple for fintechs and neobanks to plug institutional-grade stablecoin yield into their products. As reported by the company, OpenTrade has expanded beyond its core infrastructure to include a permissionless protocol layer and Curation+, a suite of vault curation services designed for more complex, institutional-grade strategies across real-world and on-chain assets. The company has gained traction with partners such as Littio, Midas Kripto, and Glim, and has deployed its infrastructure as a permissionless protocol that issues transferable, position-tracking tokens, with its first live implementation through Sierra Protocol.
Since its launch, OpenTrade has demonstrated significant growth across both retail and institutional use cases. The platform provides plug-and-play solutions that allow fintechs, neobanks, and exchanges to offer dollar- and euro-denominated yield products backed by real-world assets, without building their own investment or custody systems. The newly raised capital will be used to expand OpenTrade's infrastructure, further develop its Curation+ services, and grow its engineering, asset management, and customer success teams as it scales globally.
