OpenTrade Secures $7 Million Funding to Expand Stablecoin Yield Products

OpenTrade, a London-based fintech infrastructure platform, has successfully secured $7 million in a strategic funding round. This round was led by Notion Capital and Mercury Fund, with additional support from AlbionVC, a16z crypto, and CMCC Global. The funding brings OpenTrade’s total capital raised to $11 million in just six months, highlighting the growing institutional confidence in the company’s mission to democratize access to stablecoin yield products.

The funds will be utilized to accelerate OpenTrade’s go-to-market strategy, focusing on expanded product development, enhanced engineering capabilities, and increased operational capacity. The company aims to enable fintechs, neobanks, and exchanges to embed real-world asset (RWA)-backed stablecoin yield products directly into the apps that users already utilize. This transformation converts stablecoins from passive payment tools into active savings vehicles, offering yields ranging from 3% to 9% APR.

OpenTrade’s founders, Dave Sutter (CEO), Jeff Handler (Chief Commercial Officer), and Tom Niermann (CTO), have been pioneers in digital assets for over a decade. Their leadership roles at Centre, the consortium behind USDC, provided them with a front-row seat to the explosive growth of digital dollars and the urgent need for compliant, accessible yield products. Tom Niermann brings deep technical expertise from his roles at Google, Meta, and various startup ventures, and was an early investor in the stablecoin projects the team built during college.

The motivation behind founding OpenTrade stems from the founders' personal experience and a clear market need. While stablecoins have become a "killer app" in the crypto world, users, especially in emerging markets, have had limited access to safe, compliant yield products that integrate seamlessly with their daily-use apps. OpenTrade addresses this gap by enabling fintechs and their customers to invest stablecoins in safe, compliant yield products with minimal effort.

Since launching its first product in early 2024, OpenTrade has processed over $175 million in transaction volume and manages $47 million in client assets, achieving 20% average month-over-month growth in the last six months. The platform serves fintechs and institutions worldwide, powering routine deposits and withdrawals for millions of engaged users.

OpenTrade’s infrastructure enables fintechs, exchanges, and neobanks to offer embedded, RWA-backed yield directly to millions of users. For example, in Colombia, OpenTrade’s partner Littio enables users to earn up to 6% on USDC balances, while in Spain, Criptan offers up to 6% yield on EURC. Across Argentina, Colombia, Mexico, Peru, and Spain, over 5 million retail users now access 3–9% APR on their USD and EUR holdings through OpenTrade-powered products.

OpenTrade stands apart with its full-stack, institutional-grade platform that combines intuitive, cloud-based web applications, a robust EVM-compatible blockchain protocol and API, and a bank-grade legal and custody framework. This infrastructure enables partners to launch tailored, white-labeled yield products quickly and securely, with complete transparency on backing assets, same-day withdrawals, and flexible economics.

The platform’s legal framework includes bankruptcy-remote SPVs, segregated accounts, and strong risk management and governance to ensure customer protection. Its off-chain banking and custody network is managed end-to-end by regulated asset managers and Tier 1 financial institutions. OpenTrade uniquely empowers fintechs to embed yield-as-a-service directly into consumer apps, reaching millions of everyday users.

Leading investors see OpenTrade as a category-defining company. Samantha Lewis, Partner at Mercury, notes, “OpenTrade is building core financial infrastructure for the next generation of fintech. Their rapid growth underscores both the scale of demand and the strength of their model.” Notion Capital’s Itxaso del Palacio adds, “With a market cap of over $240bn, the stablecoin market is now a force to be reckoned with. OpenTrade is uniquely positioned to build the industry’s much-needed infrastructure and enable stablecoin holders to benefit from yields.”

OpenTrade’s roadmap for the next 3–5 years focuses on expanding product adoption, launching new yield products and supported asset classes, growing its DeFi-native product line, and enhancing the user experience. The long-term vision is to become the default provider of safe, secure, compliant stablecoin products for what is poised to be a multi-trillion-dollar industry.