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OpenTrade raises $17M to expand stablecoin yield infrastructure after topping $200M TVL

TB
The Block Editorial
(01:00 PM UTC)
1 min read
EW
Approved byEmily Watson

London-based crypto startup OpenTrade has raised $17 million in a strategic round, bringing its total funding to more than $30 million as it targets expansion into new markets.

The round was led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, and CMCC Global, according to a statement shared with The Block on Wednesday. 

OpenTrade, which bills itself as an…

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