We’re thrilled to announce that OpenTrade has raised an additional $7 million in funding, led by @NotionCapital and @mercuryfund, with continued support from existing investors including @AlbionVC, @a16zcrypto, and @CMCC_Global. This brings our total capital raised to $11 million in just six months, a strong indicator of the accelerating institutional support for RWA-backed stablecoin yield products.

OpenTrade enables fintechs, neobanks, and exchanges like @littioco, @criptanapp, @buenbit, and @belo_app to embed simple and unprecedented access to high-quality, real-world yields on dollars and euros into the everyday financial lives of many users, which has proved especially valuable in markets where inflation has eroded savings and access to dollars and euros is limited.

We’ve processed nearly $200 million in transaction volume over the last year and currently manage over $50 million in assets, all while growing at 20% MoM, a clear indication that demand for compliant, on-chain yield is going mainstream. This funding will supercharge our go-to-market strategy, expand engineering and product capabilities, and help us continue to unlock access to 3–9% yields on USD and EUR stablecoins for millions of users globally.

As our CEO @BTC_Dave put it:

“With the backing of investors like Notion and Mercury, alongside continued support from a16z, Albion, and CMCC, we’re positioned to scale globally and serve an even broader set of users seeking yield they can trust.”