OpenTrade raises $17 million to connect stablecoins to real-world assets

The a16z-backed stablecoin output and RWA lending platform’s backing circular was led by Mercury Fund and Notion Capital.

Updated May 6, 2026, 1:33 p.m. Published May 6, 2026, 1:13 p.m. 1 min read

Stablecoin infrastructure level OpenTrade closed a $17 cardinal backing circular Wednesday led by Mercury Fund and Notion Capital, with information from a16z Crypto, AlbionVC and CMCC Global, bringing its full backing to much than $30 million.

The London-based institution said the backing volition beryllium utilized to grow its permissioned and permissionless infrastructure and enactment plans to turn its plus absorption and trading teams.

The rise follows earlier backing from a16z Crypto and comes arsenic OpenTrade expands its offerings for fintechs, exchanges, wallets and organization clients seeking stablecoin-based output products.

The steadfast provides enactment and infrastructure that enables fintechs, exchanges and wallets to connection stablecoin output products backed by real-world assets (RWAs). OpenTrade’s total worth locked is $5.67 million and claims it processed much than $250 cardinal successful transaction measurement past year.

“OpenTrade has made it elemental for fintechs and neobanks to plug institutional-grade stablecoin output into their products,” said David Sutter, OpenTrade’s CEO and co-founder. “The level is expanding to service non-custodial platforms, treasuries and plus issuers seeking “a safe, scalable mode to link stablecoins to diversified output strategies,” helium added.

The stablecoin marketplace has grown to much than $310 billion successful supply, driving request for infrastructure that connects integer assets to output strategies crossed accepted and decentralized finance, the startup said.