OpenTrade attracts $7 million for expanding its stablecoin yields.

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OpenTrade Secures USD 7 Million in Funding

OpenTrade, a company that enables fintech platforms and neobanks to integrate stablecoin yield products into their services, has recently secured an additional USD 7 million in funding. This brings the total capital raised by the company over the past six months to more than USD 11 million.

The latest round of funding was led by Notion Capital and Mercury Fund, with ongoing support from AlbionVC, a16z crypto, and CMCC Global.

These funds will be utilized for operational growth, product development, and engineering expansion. The company aims to build infrastructure supporting real-world asset (RWA)-backed stablecoin yield offerings.

OpenTrade’s services allow fintech platforms, neobanks, and exchanges to offer stablecoin yields denominated in USD and EUR to their users through partner networks. Unlike institutional products that often see occasional large transactions, OpenTrade’s user behavior resembles retail financial activity, characterized by regular deposits and withdrawals.

Growing Demand in Inflation-Prone Regions

The company’s offerings have gained significant traction in regions facing high inflation and limited financial access. According to the press release, as of now, OpenTrade manages USD 47 million in assets and has processed nearly USD 200 million in transactions over the past year.

Over the last six months, the company reports an average monthly growth rate of 20%. Notion Capital representatives noted that stablecoins are reaching a stage where foundational infrastructure is needed for wider use cases, including yield generation. OpenTrade’s model, they believe, can address gaps in access to high-yield dollar-based savings.

Mercury Fund officials echoed this view, highlighting the growing demand for alternatives to low-yield traditional financial products across both emerging and developed markets.

With backing from institutional investors, OpenTrade aims to scale its infrastructure and expand into regions where access to high-yield dollar-based savings has historically been limited.

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