Opentrade has raised $17 million through a funding round. A recent report by The Block said the fundraising took Opentrade's total funding to more than $30 million.

London-based Opentrade provides institutional-grade onchain lending, real-world asset-backed lending and stablecoin yield products. The round was led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC and CMCC Global.

Opentrade plans to use the funds to expand infrastructure across permissioned and permissionless systems. The expansion targets include a permissionless protocol layer and "curation". The frameworks support fintech firms, neobanks, treasury organisations and asset issuers in designing yield strategies across real-world assets and onchain assets.

The company said curation, unlike existing decentralised finance vault curators that mainly focus on protocol selection, allows portfolios that include real-world assets and onchain products to be designed under regulated asset management oversight.

It added that the permissionless infrastructure supports traditional asset issuers and onchain asset issuers in accessing decentralised distribution channels through "position tracking tokens" without their own infrastructure.

Opentrade expects its transaction volume to exceed $1 billion by the end of 2026.