OpenTrade raises $17 million to connect stablecoins to real-world assets
Key takeaways
- The a16z-backed stablecoin yield and RWA lending platform’s funding round was led by Mercury Fund and Notion Capital.By Olivier Acuna|Edited by Jamie Crawley Updated May 6, 2026, 1:33 p.m.
- The London-based company said the funding will be used to expand its permissioned and permissionless infrastructure and support plans to grow its asset management and trading teams.
- The raise follows earlier backing from a16z Crypto and comes as OpenTrade expands its offerings for fintechs, exchanges, wallets and institutional clients seeking stablecoin-based yield products.
The a16z-backed stablecoin yield and RWA lending platform’s funding round was led by Mercury Fund and Notion Capital.By Olivier Acuna|Edited by Jamie Crawley Updated May 6, 2026, 1:33 p.m. Published May 6, 2026, 1:13 p.m. 1 min read Make preferred on London-based Open Trade's team today announced a $17 million funding round to expand its services. (Open Trade/Press)What to know: Stablecoin infrastructure platform OpenTrade raised $17 million in a round led by Mercury Fund and Notion Capital, bringing its total funding to more than $30 million.The London-based, firm plans to use the capital to expand both its permissioned and permissionless infrastructure and to grow its asset management and trading teams.OpenTrade, which enables fintechs and other platforms to offer stablecoin yield products backed by real-world assets, reports $5.67 million in total value locked and more than $250 million in transaction volume last year amid a stablecoin market now exceeding $310 billion in supply.Stablecoin infrastructure platform OpenTrade closed a $17 million funding round Wednesday led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC and CMCC Global, bringing its total funding to more than $30 million.
The London-based company said the funding will be used to expand its permissioned and permissionless infrastructure and support plans to grow its asset management and trading teams.
The raise follows earlier backing from a16z Crypto and comes as OpenTrade expands its offerings for fintechs, exchanges, wallets and institutional clients seeking stablecoin-based yield products.