OpenTrade has secured $17 million in a strategic funding round led by Mercury Fund and Notion Capital to enhance its stablecoin yield infrastructure. The funding will support the expansion of OpenTrade's permissioned and permissionless yield rails and its vault-focused service, Curation+. CEO David Sutter stated that the capital will also boost asset management, trading teams, and engineering capacity, alongside establishing a customer success function.
The funding comes amid increased regulatory scrutiny of stablecoins in the U.S., as lawmakers debate the CLARITY Act, which could impact how platforms offer yield-like incentives. OpenTrade's architecture involves tokenized vaults that allocate capital across real-world assets and select DeFi strategies, aiming to comply with global regulatory standards. The company plans to use the funds to scale its yield infrastructure and deepen client servicing and compliance processes.
OpenTrade Raises $17M to Expand Stablecoin Yield Infrastructure
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