OpenTrade Secures $17 Million in Strategic Funding to Expand Infrastructure

London-based crypto startup OpenTrade has raised $17 million in a strategic funding round led by Mercury Fund and Notion Capital, according to ChainCatcher. The round also saw participation from a16z crypto, AlbionVC, and CMCC Global, bringing OpenTrade's total funding to over $30 million. OpenTrade specializes in providing institutional on-chain and real-world asset-backed lending and stablecoin yield products. The company plans to use the new funds to enhance its infrastructure for both permissioned and permissionless scenarios. Its offerings include a permissionless protocol layer and a yield vault framework called Curation+, designed to help fintech companies, digital banks, vaults, and asset issuers develop yield strategies across real-world and on-chain assets. OpenTrade reports that its total value locked has surpassed $200 million, with transaction volumes expected to exceed $250 million by 2025. The company anticipates cumulative transaction volumes to reach over $1 billion by the end of 2026.