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📰 【OpenTrade completes $17 million in funding, Mercury Fund and Notion Capital co-lead】
BlockBeats news, May 6th, the London-based crypto startup OpenTrade has completed $17 million in strategic financing, bringing its total funding to over $30 million. This round was led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, and CMCC Global. OpenTrade claims to be an institutional-grade platform for on-chain, real-world asset-backed lending and stablecoin yield products. The company stated it will use this funding to expand its infrastructure between permissioned and permissionless systems. The targeted products for this expansion include permissionless...
Brothers, are you seeing these institutions throwing money around again? $17 million in funding, with a16z involved and co-investors—these guys don’t treat money as money, but we retail investors can’t even get a sip. RWA lending, stablecoin yields—sounds fancy, but it’s really just institutions setting the stage and putting on a show. Don’t keep drooling over these news stories; the key is whether there’s meat you can get on board with. 👇👇👇👇👇