OpenTrade raises $17M to push stablecoin yield into fintechs and DeFi
OpenTrade raised $17 million in a strategic funding round to expand its stablecoin yield infrastructure as demand grows for products that connect digital dollars to real world asset returns.
The round was led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC, and CMCC Global. The funding brings OpenTrade’s total capital raised to more than $30 million.
OpenTrade provides infrastructure that allows fintechs, exchanges, and neobanks to offer dollar and euro denominated stablecoin yield products without building their own investment, custody, or operational systems.
The platform is used by partners including Littio, Midas Kripto, and Glim, and recently surpassed $200 million in total value locked.
The company has also processed more than $250 million in transaction volume in 2025 and expects volume to reach about $1 billion in 2026. The new capital will support the expansion of OpenTrade’s infrastructure and Curation+ services, along with the growth of its engineering, asset management, and customer success teams.
McKinsey said in February that stablecoin supply had exceeded $300 billion, up from less than $30 billion in 2020, while annualized stablecoin payment activity reached about $390 billion in 2025.
OpenTrade has expanded beyond its original plug and play model into a permissionless protocol layer and Curation+, a vault curation service for institutional strategies across real world and on chain assets.
The company said Curation+ combines regulated asset management oversight with active strategy design and execution, targeting treasuries and platforms that need managed exposure without building internal investment teams.
The company’s first permissionless implementation is live through Sierra Protocol, whose SIERRA liquid yield token is backed by vault strategies combining real world assets such as money market funds, commercial paper, and trade finance with on chain strategies managed through OpenTrade.
OpenTrade said the new funding will help scale both permissioned and permissionless infrastructure as stablecoin adoption broadens across fintech, CeFi, DeFi, and treasury markets.
The company plans to expand its asset management and trading teams, increase engineering capacity, and build a dedicated customer success function for its growing client base.
