OpenTrade Secures $17M to Expand Stablecoin Infrastructure Platform

London-based OpenTrade has closed a $17 million funding round led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC, and CMCC Global. The fresh capital brings total funding to over $30 million as the platform targets expansion of its stablecoin infrastructure services.

The funds will accelerate platform development, including permissioned and permissionless infrastructure upgrades, while scaling asset management and trading teams. OpenTrade's infrastructure supports fintechs, crypto exchanges, and institutional investors in offering stablecoin yield products—currently facilitating $250M+ in annual transaction volume with $5.67M TVL.

'We're eliminating technical barriers for fintechs and next-gen banks,' said CEO David Sutter, underscoring the platform's role in bridging traditional finance with blockchain-based yield solutions. The raise coincides with growing institutional demand for compliant stablecoin rails as the market capitalization of dollar-pegged tokens approaches $160B.