OpenTrade, a stablecoin yield infrastructure platform used by fintechs and exchanges, has raised £12.5 million in funding led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC and CMCC Global. OpenTrade provides plug-and-play infrastructure that enables fintechs, exchanges and neobanks to offer stablecoin yield products backed by real-world assets.
Demand for stablecoin yield infrastructure is increasing as the global stablecoin market has grown to over $300 billion in total supply, driven by adoption of US dollar–pegged digital assets. Platforms need ways to offer safe, scalable returns without building their own investment, custody or infrastructure systems. OpenTrade allows partners to deliver dollar- and euro-denominated yield products to users while abstracting operational complexity, including blended portfolios across real-world and on-chain assets.
As usage expanded, OpenTrade introduced additional infrastructure including a permissionless protocol layer and Curation+, a vault curation service designed to run complex strategies across real-world and decentralised assets. Non-custodial wallets can direct deposits into OpenTrade-powered vaults while remaining outside the flow of funds, while asset issuers can access decentralised distribution channels without building their own infrastructure. Institutional users can deploy curated, mandate-driven strategies without building internal investment teams.
OpenTrade has surpassed $200 million in total value locked and processed more than $250 million in transaction volume in 2025, reaching $300 million within the first four months of 2026. The platform expects to process approximately $1 billion in transaction volume in 2026. Its infrastructure is already live through Sierra Protocol, where a liquid yield token is backed by curated strategies combining real-world assets such as money market funds, commercial paper and trade finance with on-chain strategies.
Each asset integrated into an OpenTrade vault undergoes investment committee review with an FCA-regulated asset manager, assessing diversification, performance, risk, structure and liquidity. This framework allows OpenTrade to combine regulated asset management oversight with strategy design and execution to meet institutional risk and reporting requirements.
The funding will support expansion of OpenTrade’s permissioned and permissionless infrastructure, growth of its Curation+ investment services, and hiring across asset management, trading, engineering and customer success.
OpenTrade has made it simple for fintechs and neobanks to plug institutional-grade stablecoin yield into their products. As we grew, it became clear that our infrastructure could also serve non-custodial platforms, treasuries, and asset issuers that all need the same thing: a safe, scalable way to connect stablecoins to diversified yield strategies. This raise allows us to scale that infrastructure and support a much broader range of use cases without compromising on risk management or quality of execution.
OpenTrade is rapidly becoming the definitive yield infrastructure at the intersection of fiat and digital currencies. Its expansion into permissionless distribution and curated vaults is a natural next step, opening access for asset issuers and treasury managers globally. This fundraise reflects the clear market demand for yield curation and orchestration across TradFi, CeFi, and DeFi markets.
Demand for safe, scalable, stablecoin yield is outpacing what the vast majority of teams can realistically build and manage themselves. OpenTrade abstracts away all complexity associated with the technology, risk management, and execution, giving platforms and treasuries a simple path to well-managed, transparently structured yield products.
Starting from yield, Opentrade has a unique opportunity to own the Stablecoin infrastructure layer. This matters now because regulatory clarity is arriving, institutional demand is accelerating, and the rails are still pre-consolidation. The infrastructure gaps that matter most, including compliance and orchestration, treasury and liquidity management, and cross-border B2B payments, remain wide open, and Opentrade is positioned to own them.
