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OpenTrade Raises $17M, Expands Stablecoin Yield Platform
Description
OpenTrade raises $17M, led by Mercury Fund and Notion Capital, to expand stablecoin yield platform. The London-based startup, founded in 2024, focuses on real-world asset lending for global clients. CEO David Sutter is optimistic about regulatory advancements, particularly the CLARITY Act, which could pave the way for stablecoin usage perks. The funding will be used to strengthen yield tools and customer support, with a focus on hiring in asset management, trading, engineering, and customer service.
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