OpenTrade completes $7 million financing to promote the adoption of stablecoin yield products.

According to ChainCatcher news and reported by Techfundingnews, the London-based fintech infrastructure platform OpenTrade has completed a round of strategic financing of $7 million, led by Notion Capital and Mercury Fund, with participation from AlbionVC, a16z crypto, and CMCC Global.   OpenTrade enables fintechs to embed real-world asset-based (RWA)-based stablecoin yield products directly into existing applications, transforming stablecoins from passive payment vehicles to active savings vehicles with annual interest rates of up to 3-9%. Since its launch in early 2024, OpenTrade has processed more than $175 million in trading volume and managed $47 million in client assets, achieving an average month-over-month growth of 20% over the past six months.