OpenTrade raised $17 million to expand its stablecoin yield platform, bringing total funding above $30 million as it scales stablecoin yield infrastructure for global clients.
OpenTrade, an institutional-grade platform for onchain and real-world asset (RWA)-backed lending and stablecoin yield products, has raised fresh capital to expand its yield infrastructure.
The platform secured $17 million in its latest strategic funding round led by Mercury Fund and Notion Capital, OpenTrade said in a Wednesday announcement seen by Cointelegraph.
The new funding will support the continued expansion of OpenTradeโs permissioned and permissionless yield infrastructure, as well as the growth of its vault-focused service Curation+, CEO David Sutter told Cointelegraph.
You can get bonuses upto $100 FREE BONUS when you:
๐ฐ Install these recommended apps:
๐ฒ SocialGood - 100% Crypto Back on Everyday Shopping
๐ฒ xPortal - The DeFi For The Next Billion
๐ฒ CryptoTab Browser - Lightweight, fast, and ready to mine!
๐ฐ Register on these recommended exchanges:
๐ก Binance๐ก Bitfinex๐ก Bitmart๐ก Bittrex๐ก Bitget
๐ก CoinEx๐ก Crypto.com๐ก Gate.io๐ก Huobi๐ก Kucoin.
Comments