OpenTrade raises $17M as CEO sees stablecoin yield tailwinds

Written by Helen Partz, Staff Writer. Reviewed by Bryan O'Shea, Staff Editor. Written by Helen Partz, Staff Writer. Reviewed by Bryan O'Shea, Staff Editor. OpenTrade raises $17M as CEO sees stablecoin yield tailwindsLatest NewsPublishedMay 6, 2026OpenTrade raised $17 million to expand its stablecoin yield platform, bringing total funding above $30 million as it scales stablecoin yield infrastructure for global clients.OpenTrade, an institutional-grade platform for onchain and real-world asset (RWA)-backed lending and stablecoin yield products, has raised fresh capital to expand its yield infrastructure.The platform secured $17 million in its latest strategic funding round led by Mercury Fund and Notion Capital, OpenTrade said in a Wednesday announcement seen by Cointelegraph.The new funding will support the continued expansion of OpenTrade’s permissioned and permissionless yield infrastructure, as well as the growth of its vault-focused service Curation+, CEO David Sutter told Cointelegraph.“The company also plans to expand its asset management and trading team, increase engineering capacity, and build a dedicated customer success function to support its growing client base,” Sutter said.CEO positive on regulation amid CLARITY Act debate over stablecoin rulesThe raise comes as US lawmakers debate how stablecoin rewards should be regulated under the CLARITY Act, a broader digital asset market structure bill that has been delayed partly by disputes over whether crypto firms should be allowed to offer interest-like incentives on stablecoin balances. Sutter expressed optimism over recent progress around the stalled legislation.CLARITY is nearing a Senate Banking Committee vote after a compromise between crypto and banking stakeholders. The deal would allow usage-based rewards like cashback or discounts on stablecoin activity but prohibit yield on idle balances.OpenTrade surpassed $200 million in total value locked (TVL) in April. Source: OpenTrade“Our structure i…

OpenTrade raises $17M as CEO sees stablecoin yield tailwinds

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