Impressive round by @hyperion_xyz with @OKX_Ventures, @MaelstromFund, and @mirana! Very impressive product and user traction. https://t.co/yTBBDsAKxN
DeFi platform for institutional-grade lending @opentrade_io raised $7M in a funding round led by @notioncapital, @mercuryfund, with participation from @AlbionVC, @a16zcrypto, @CMCC_Global. https://t.co/MlaxML6A2f https://t.co/FHnCvls9ay
Stablecoin-as-a-Service platform OpenTrade raises $7 million https://t.co/uzcN6EaiZL
OpenTrade, a stablecoin yield platform, has raised $7 million in a funding round led by Notion Capital and Mercury Fund, with participation from AlbionVC, a16zcrypto, and CMCC Global. Since AlbionVC's initial investment five months ago, OpenTrade has rapidly expanded, offering 3% to 9% annual percentage rates (APR) to over 5 million users across Latin America and Europe. The platform focuses on providing institutional-grade decentralized finance (DeFi) lending and stablecoin yield products, positioning itself as a Stablecoin-as-a-Service provider.