OpenTrade, an institutional-grade platform for onchain and real-world asset (RWA)-backed lending and stablecoin yield merchandise, has raised recent capital to increase its yield infrastructure.
The platform secured $17 million in its newest strategic funding spherical led by Mercury Fund and Notion Capital, OpenTrade mentioned in a Wednesday announcement seen by Cointelegraph.
The brand new funding will assist the continued growth of OpenTrade’s permissioned and permissionless yield infrastructure, in addition to the expansion of its vault-focused service Curation+, CEO David Sutter instructed Cointelegraph.
“The corporate additionally plans to increase its asset administration and buying and selling staff, improve engineering capability, and construct a devoted buyer success operate to assist its rising consumer base,” Sutter mentioned.
CEO constructive on regulation amid CLARITY Act debate over stablecoin guidelines
The increase comes as US lawmakers debate how stablecoin rewards ought to be regulated beneath the CLARITY Act, a broader digital asset market construction invoice that has been delayed partly by disputes over whether or not crypto corporations ought to be allowed to supply interest-like incentives on stablecoin balances. Sutter expressed optimism over current progress around the stalled legislation.
CLARITY is nearing a Senate Banking Committee vote after a compromise between crypto and banking stakeholders. The deal would allow usage-based rewards like cashback or reductions on stablecoin exercise however prohibit yield on idle balances.
OpenTrade surpassed $200 million in complete worth locked (TVL) in April. Supply: OpenTrade
“Our construction is derived from securities lending in conventional finance, however tailored to the lending of stablecoins as a substitute of securities,” Sutter mentioned, including that there could also be market-specific nuances affecting availability to institutional or certified traders.
Sutter instructed Cointelegraph that the authorized structure underpinning the platform has been purpose-built to supply its merchandise to shoppers globally whereas sustaining compliance with present conventional finance and digital asset regulatory requirements.
“There are robust regulatory tailwinds for the business at giant, which can be conducive to continued progress for stablecoins,” Sutter added.
Associated: Ripple CEO says market structure bill not ‘done deal,’ despite compromise
Circle Ventures was an early investor in OpenTrade
Based in 2023, OpenTrade seeks to supply scalable and compliant yield merchandise for fintechs and institutional traders.
OpenTrade’s infrastructure routes consumer deposits into tokenized vaults that allocate capital throughout a mixture of yield sources, primarily RWAs equivalent to fixed-income devices, alongside chosen decentralized finance (DeFi) methods. Every vault follows an outlined allocation technique and operates by means of good contract-based mechanisms that handle deposits, monitor positions and distribute returns.
OpenTrade vaults (an excerpt). Supply: OpenTrade
The newest funding spherical brings OpenTrade’s complete funding to $30 million and included backing from distinguished business investor a16z Crypto. The London-based firm beforehand raised $7 million in a strategic spherical led by Mercury Fund and Notion Capital in June 2025, following a $4 million seed round in November 2024.
OpenTrade additionally secured funding from traders equivalent to Circle Ventures and Polygon Ventures in Might 2023, whereas saying plans to launch a platform for USDC-denominated investments and tokenized monetary belongings.
OpenTrade co-founders Dave Sutter and Jeff Handler beforehand labored at Centre, a now-dissolved consortium of Circle and Coinbase offering requirements governance for the USDC stablecoin.
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