OpenTrade completes $17 million in funding, with Mercury Fund and Notion Capital co-leading the investment

BlockBeats News. On May 6, OpenTrade, a London-based crypto startup, completed a $17 million strategic funding round, bringing its total funding to over $30 million. The round was led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, and CMCC Global.

OpenTrade describes itself as an institutional-grade on-chain platform for real-world asset-backed lending and stablecoin yield products. The company said it will use this fundraising to expand its infrastructure between permissioned and permissionless systems. The targeted products for this expansion include a permissionless protocol layer and Curation+, a vault curation framework designed to build yield strategies for fintech companies, new banks, treasury departments, and asset issuers bridging real-world assets and on-chain assets.

OpenTrade said that, unlike typical decentralized finance vault curation providers that mainly focus on protocol selection, Curation+ uses regulated asset management oversight to design investment portfolios between real-world assets and on-chain tools. OpenTrade also said that its permissionless infrastructure enables traditional and on-chain asset issuers to access decentralized distribution channels via “position tracking tokens” without proprietary infrastructure. At the time of this expansion plan, OpenTrade’s total value locked (TVL) surpassed $200 million last year. The company expects its trading volume to expand to more than $1 billion by the end of 2026—having reached more than $250 million in 2025.

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