OpenTrade, a fintech infrastructure platform headquartered in London, has completed a strategic financing round of $7 million, led by Notion Capital and Mercury Fund, with follow-on investments from AlbionVC, a16z crypto, and CMCC Global. OpenTrade enables fintech companies to directly embed real-world asset (RWA)-backed stablecoin yield products into existing applications, transforming stablecoins from passive payment tools into active savings tools, with an interest rate of up to 3-9%. Since its launch in early 2024, OpenTrade has processed over $175 million in volume, managing client assets of $47 million, and has achieved an average monthly rise of 20% over the past six months.
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OpenTrade completes $7 million in financing, utilizing RWA technology to provide 3-9% stablecoin savings returns.
OpenTrade, a fintech infrastructure platform headquartered in London, has completed a strategic financing round of $7 million, led by Notion Capital and Mercury Fund, with follow-on investments from AlbionVC, a16z crypto, and CMCC Global. OpenTrade enables fintech companies to directly embed real-world asset (RWA)-backed stablecoin yield products into existing applications, transforming stablecoins from passive payment tools into active savings tools, with an interest rate of up to 3-9%. Since its launch in early 2024, OpenTrade has processed over $175 million in volume, managing client assets of $47 million, and has achieved an average monthly rise of 20% over the past six months.