London-based OpenTrade has closed a $17 million funding round led by Mercury Fund and Notion Capital, pushing the stablecoin yield and real-world asset lending platform’s total fundraising to more than $30 million. The supporting evidence appears in total value locked greater than 0 million.
The round also drew participation from a16z Crypto, AlbionVC and CMCC Global, according to the company’s announcement on May 6, 2026.
The capital will be deployed to expand both permissioned and permissionless infrastructure, and to grow OpenTrade’s asset management and trading teams.
The raise arrives as the broader stablecoin market surpasses $310 billion in total supply, intensifying competition among platforms that connect digital dollar holdings to yield-generating strategies.
What OpenTrade Actually Does and Why the Round Matters
OpenTrade functions as backend infrastructure for fintechs, neobanks, exchanges, wallets and institutional clients that want to offer stablecoin yield products without building the compliance and asset management layer themselves.
The platform routes stablecoin deposits into real-world assets, giving end users access to institutional-grade yield strategies inside consumer-facing apps.
David Sutter, OpenTrade’s CEO and co-founder, said the platform has made it straightforward for fintechs and neobanks to embed institutional-grade stablecoin yield directly into their products.
Sutter added that the company is now expanding to serve non-custodial platforms, corporate treasuries and asset issuers that need a safe, scalable way to connect stablecoins to diversified yield strategies.
That positioning reflects a broader shift in how crypto-native and fintech companies are approaching idle stablecoin balances.
Rather than leaving holdings in wallets earning nothing, platforms are increasingly looking for compliant, regulated paths to generate returns, and OpenTrade is building the rails that make that possible at scale.
OpenTrade’s total value locked has surpassed $200 million, according to a LinkedIn post from the company, and the platform processed more than $250 million in transaction volume last year. Those figures underscore meaningful traction in a segment where trust, regulatory compliance and institutional-grade custody arrangements are the primary barriers to entry.
Real-World Assets and Stablecoins Converge at the Right Moment
The timing of this round is notable in context. Stablecoin supply crossing $310 billion has created a large and growing pool of capital that holders, from retail users to corporate treasuries, want to put to work.
At the same time, the tokenized real-world asset sector has matured enough that credible, auditable collateral is now accessible for on-chain yield products.
OpenTrade sits at that intersection, providing the infrastructure layer that allows fintechs to offer compliant yield products without needing to negotiate directly with asset managers or build custody frameworks from scratch.
The company’s permissioned infrastructure targets regulated financial institutions that require KYC and AML controls, while its permissionless layer is designed for DeFi-native platforms and non-custodial wallets seeking yield without sacrificing self-custody principles.
The involvement of a16z Crypto, which backed OpenTrade in earlier rounds as well, signals continued confidence from one of the most influential venture firms in the sector.
Mercury Fund and Notion Capital, the lead investors in this round, bring operational expertise in fintech scaling, which aligns with OpenTrade’s stated goal of deepening its footprint among neobanks and fintech platforms in particular.
AlbionVC and CMCC Global round out the syndicate, adding geographic diversity given CMCC Global’s focus on Asian markets, where stablecoin adoption among retail and institutional users has accelerated considerably over the past two years.
With total funding now exceeding $30 million, OpenTrade has accumulated enough runway to invest seriously in compliance infrastructure, enterprise sales and the technical integrations required to onboard exchanges and asset issuers at scale.
The hiring push into asset management and trading suggests the company is preparing to manage a significantly larger pool of collateral as TVL grows.
The competitive landscape is filling up quickly. Several other platforms are racing to connect stablecoin liquidity to tokenized Treasury bills, money market funds and other short-duration instruments.
OpenTrade’s differentiation appears to rest on the depth of its white-label infrastructure for fintechs, allowing partners to launch branded yield products without touching the underlying asset management complexity.
Whether the platform can maintain that advantage as larger financial institutions build competing products in-house will be the central question over the next 12 to 18 months, but a $17 million injection with strong backers gives the team a credible path forward.
Not Financial Advice: This article is for informational purposes only. Crypto investments are highly volatile. Always do your own research.
