OpenTrade has successfully raised $17 million in a recent funding round aimed at enhancing its stablecoin yield infrastructure. This influx of capital comes amid a growing demand for products that link digital dollars to real-world asset returns. The funding round was led by Mercury Fund and Notion Capital, with other notable participants including a16z Crypto, AlbionVC, and CMCC Global. This latest investment has helped OpenTrade surpass a total capital raised of over $30 million.
What are the key services offered by OpenTrade? OpenTrade specializes in enabling fintech companies, exchanges, and neobanks to provide dollar and euro-denominated stablecoin yield products without the need for them to develop their own investment, custody, or operational systems. This streamlined approach allows partners, which include Littio, Midas Kripto, and Glim, to leverage OpenTrade's robust technology. Notably, the platform has recently reached over $200 million in total value locked, signaling its growing popularity among users.
How significant is the transaction volume for OpenTrade? The company processed more than $250 million in transaction volume in 2025, with projections estimating that this figure could climb to approximately $1 billion by 2026. The new funding is strategically directed toward scaling OpenTrade's infrastructure, enhancing its Curation+ services, and expanding its teams across engineering, asset management, and customer success.
According to McKinsey, the stablecoin market has shown impressive growth, with supply surpassing $300 billion in February, a significant rise from less than $30 billion in 2020. Additionally, the annualized stablecoin payment activity reached around $390 billion in 2025.
What innovations has OpenTrade introduced? OpenTrade has evolved from its original plug-and-play model into a permissionless protocol layer and Curation+, a vault curation service designed for institutional strategies that span real-world and on-chain assets. Curation+ combines regulated asset management oversight with active strategy design and execution, particularly targeting treasuries and platforms that prefer managed exposure without establishing internal investment teams.
The first permissionless implementation of OpenTrade is currently operational via the Sierra Protocol. This protocol features a SIERRA liquid yield token, supported by vault strategies that incorporate real-world assets like money market funds, commercial paper, and trade finance, alongside on-chain strategies managed through OpenTrade.
Looking ahead, how does OpenTrade plan to scale its operations? The recent funding will support the growth of OpenTrade’s permissioned and permissionless infrastructures as it positions itself to meet the expanding adoption of stablecoins across various sectors, including fintech, centralized finance (CeFi), decentralized finance (DeFi), and treasury markets. The company is also planning to boost its asset management and trading teams, enhance engineering capabilities, and establish a dedicated customer success function to cater to its increasing client base.