OpenTrade Raises $17 Million Strategic Round as TVL Tops $200 Million

OpenTrade said Mercury Fund and Notion Capital led its $17 million strategic round as the firm expands institutional onchain lending and real-world asset-backed stablecoin yield products.

19d ago

Summary

OpenTrade announced a $17 million strategic funding round led by Mercury Fund and Notion Capital. The company said it provides institutional onchain lending, real-world asset-backed lending, and stablecoin yield products. OpenTrade also reported processing more than $250 million in volume in 2025, while total value locked exceeded $200 million.

Terms & Concepts

TVL: TVL, or total value locked, measures the total value of assets deposited in a crypto protocol or platform.
Real-world asset-backed: Refers to crypto or onchain financial products supported by offchain assets such as credit, Treasuries, or other traditional financial instruments.
Stablecoin yield: Returns generated on stablecoin holdings through lending, structured products, or other income-producing strategies.