Crypto company OpenTrade completes $17 million strategic funding round, with a16z Crypto participating

Golden Finance reports that UK crypto company OpenTrade has announced the completion of a $17 million strategic funding round, led by Mercury Fund and Notion Capital, with participation from a16z Crypto and others. The company focuses on building institutional-grade on-chain and real-world asset (RWA) supported lending and stablecoin yield infrastructure. Currently, its total locked value (TVL) has surpassed $200 million, and to date, its total funding has exceeded $30 million.

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