OpenTrade secures $17M in strategic funding to scale its stablecoin yield infrastructure
AI Summary
OpenTrade , a stablecoin yield infrastructure platform used by fintechs and exchanges, has raised $17 million in a strategic funding round led by Mercury Fund and Notion Capital , with participation from a16z Crypto, AlbionVC, and CMCC Global. The round brings the company’s total funding to over $30 million. The raise comes as the global stablecoin market surpasses $300 billion in supply, driving demand for infrastructure that enables secure and scalable yield generation.
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