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OpenTrade Raises $17M for Stablecoin Yield Infrastructure, Led by Mercury Fund and Notion Capital

GateNews

2026-05-07 05:21:41

According to CoinDesk, London-based OpenTrade raised $17 million in a funding round led by Mercury Fund and Notion Capital. A16z Crypto, AlbionVC, and CMCC Global also participated, bringing total funding to over $30 million.

OpenTrade will use the funds to expand its permissioned and permissionless infrastructure for stablecoin yield products and strengthen its asset management and trading teams to serve fintechs, exchanges, wallets, and institutional clients. The company reported $5.67 million in total value locked and processed over $250 million in transaction volume in 2025.

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