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OpenTrade completes US$7 million in financing, a16z crypto and others follow suit

Online reports that London-based financial technology infrastructure platform OpenTrade has completed a US$7 million strategic financing round, led by Notion Capital and Mercury Fund, followed by AlbionVC, a16z crypto and CMCC Global. OpenTrade enables financial technology companies to embed real-world asset (RWA)-based stablecoin yield products directly into existing applications, transforming stablecoin from passive payment instruments to active savings instruments, with annual interest rates of up to 3-9%. Since its launch in early 2024, OpenTrade has processed more than US$175 million in transaction volume, managed US$47 million in customer assets, and achieved an average month-on-month growth of 20% over the past six months.

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