Crypto
Opentrade raises $17 million to expand stablecoin yield infrastructure
Opentrade has raised $17 million in a funding round, bringing its total funding to more than $30 million, a recent report by The Block said. The London-based company provides institutional-grade onchain lending, real-world asset-backed lending and stablecoin yield products. It plans to use the funds to expand infrastructure across permissioned and permissionless systems, including a permissionless protocol layer and a framework it calls curation.
