CONTACT FOR ADS

BTCinsider – Bitcoin, Blockchain & DeFi News
  • BOOKMARKS
  • Crypto
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
    CryptoShow More
    EigenLayer Gets $70M From a16z to Launch Off-Chain Verifiability Platform
    EigenLayer Gets $70M From a16z to Launch Off-Chain Verifiability Platform
    17.06.2025
    Solana-Based Pump.fun Among List of Crypto Trading Platforms Suspended from X
    Solana-Based Pump.fun Among List of Crypto Trading Platforms Suspended from X
    17.06.2025
    Ethereum and Solana Meme Coins PEPE, FLOKI, WIF Lead Losses as Market Dips
    Ethereum and Solana Meme Coins PEPE, FLOKI, WIF Lead Losses as Market Dips
    17.06.2025
    Alabama Regulator Recovers $125K in Crypto Lost to Pig Butchering Scams
    Alabama Regulator Recovers $125K in Crypto Lost to Pig Butchering Scams
    17.06.2025
    Trump Strategist Outlines How Bitcoin Helped Republicans Win the 2024 Election
    Trump Strategist Outlines How Bitcoin Helped Republicans Win the 2024 Election
    16.06.2025
  • DeFi
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
    MarketShow More
    RWA backing: How do issuers ensure 1:1 peg with tokenized assets?
    RWA backing: How do issuers ensure 1:1 peg with tokenized assets?
    17.06.2025
    Filecoin Plunges 6% On Heavy Volume, Breaks Technical Support at $2.52 Level
    Filecoin Plunges 6% On Heavy Volume, Breaks Technical Support at $2.52 Level
    17.06.2025
    Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit
    Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit
    17.06.2025
    Watch these Bitcoin price levels ahead of Fed Chair Powell's speech
    Watch these Bitcoin price levels ahead of Fed Chair Powell's speech
    17.06.2025
    Ubyx raises $10M to standardize stablecoin redemption and drive adoption
    Ubyx raises $10M to standardize stablecoin redemption and drive adoption
    17.06.2025
  • News
    • Mining
    • NFT
    • Stocks
    • Web3
    • Tech
    NewsShow More
    Will XRP kickstart ‘altcoin ETF summer?’ Traders offer bullish outlook as SEC decision looms
    Will XRP kickstart ‘altcoin ETF summer?’ Traders offer bullish outlook as SEC decision looms
    17.06.2025
    Avalanche Launches Free Gaming 'Battle Pass' With AVAX and NFT Rewards
    Avalanche Launches Free Gaming ‘Battle Pass’ With AVAX and NFT Rewards
    17.06.2025
    Play With Doge: Games That Feature the Dogecoin Meme Pup
    Play With Doge: Games That Feature the Dogecoin Meme Pup
    16.06.2025
    How Circle’s ‘regulatory-first’ policy produced a 330% jackpot for investors
    How Circle’s ‘regulatory-first’ policy produced a 330% jackpot for investors
    16.06.2025
    Kraken: Your worst crypto nightmare isn’t a hacker, it’s you
    Kraken: Your worst crypto nightmare isn’t a hacker, it’s you
    16.06.2025
  • Contact Us
Reading: UK’s OpenTrade Raises $7M to Expand Stablecoin Yield Access in Inflation-Hit Markets
Share
  • bitcoinBitcoin(BTC)$104,387.32
  • ethereumEthereum(ETH)$2,491.25
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.17
  • binancecoinBNB(BNB)$645.13
  • solanaSolana(SOL)$147.57
  • usd-coinUSDC(USDC)$1.00
  • tronTRON(TRX)$0.274017
  • dogecoinDogecoin(DOGE)$0.167054
  • cardanoCardano(ADA)$0.61
Font ResizerAa
BTCinsider – Bitcoin, Blockchain & DeFi NewsBTCinsider – Bitcoin, Blockchain & DeFi News
  • Home
  • Crypto
  • Market
  • News
  • Tech
  • Contact
Search
  • Home
  • Market
    • Business
    • Investor
  • Tech
  • News
    • Web3
    • NFT
  • DeFi
  • Crypto
Have an existing account? Sign In
Follow US
© All Rights Reserved.
Business

UK’s OpenTrade Raises $7M to Expand Stablecoin Yield Access in Inflation-Hit Markets

Roman Hasley
Last updated: 11.06.2025 8:18 AM
Roman Hasley
Published: 11.06.2025
Share
UK's OpenTrade Raises $7M to Expand Stablecoin Yield Access in Inflation-Hit Markets

OpenTrade has raised $7 million in a strategic round led by Notion Capital and Mercury Fund, with backing from a16z crypto, AlbionVC, and CMCC Global. The latest funding brings the London-based company’s total haul to $11 million in just six months, a signal of investor confidence in the startup’s push to bring yield-bearing stablecoins to users in unstable economies.

The company runs a “yield-as-a-service” platform designed for fintech apps, exchanges, and neobanks. Clients like Criptan in Spain and Littio in Colombia use OpenTrade’s backend to let users earn interest — up to 9% — on USD and EUR holdings.

In countries like Argentina or Colombia, where dollar bank accounts are rare and offer negligible interest, apps powered by OpenTrade let users earn meaningful returns straight from their phones. In Colombia, for instance, banks offer less than 0.4% APR on dollars. Littio users can get up to 6%.

OpenTrade manages $47 million in assets and has processed close to $200 million in volume, growing 20% month over month. The capital injection will help the company scale operations and improve its tech stack.

“OpenTrade is building core financial infrastructure for the next generation of fintech,” said Mercury Fund’s Samantha Lewis. Notion Capital’s Itxaso del Palacio added that stablecoins’ $240 billion market cap makes OpenTrade’s infrastructure a needed foundation for the sector.

Coinbase Launches Bitcoin Rewards Card to Drive Subscriber Growth
Australia bans financial adviser for 10 years for $9.6M crypto scam
Bitcoin advocate TFTC launches browser extension for real-time BTC pricing
Ethereum privacy roadmap proposes EU GDPR-safe blockchain design
UK appoints specialist to recover crypto from bankruptcy cases

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Telegram Email Copy Link Print
Share
Previous Article Ether price hits 15-week high: Will $1.8B in short liquidations send ETH above $3K? Ether price hits 15-week high: Will $1.8B in short liquidations send ETH above $3K?
Next Article Ripple's Brad Garlinghouse Says Circle IPO Signals U.S. Stablecoin Regulation Ahead Ripple’s Brad Garlinghouse Says Circle IPO Signals U.S. Stablecoin Regulation Ahead
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
Curve Founder Warns of 'For-Hire' Hackers Coordinating Cross-Platform Attacks
Curve Founder Warns of ‘For-Hire’ Hackers Coordinating Cross-Platform Attacks
'Dogecoin Millionaire' Is Now a Pepe Millionaire—And He’s Stacking These Meme Coins Next
‘Dogecoin Millionaire’ Is Now a Pepe Millionaire—And He’s Stacking These Meme Coins Next
Performance Art Duo Operator 'Make Movement Collectible' With NFTs
Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

You Might Also Like

Disney, Universal sue Midjourney — ‘bottomless pit of plagiarism’
Business

Disney, Universal sue Midjourney — ‘bottomless pit of plagiarism’

12.06.2025
Saylor signals impending Bitcoin purchase amid Israel-Iran conflict
Business

Saylor signals impending Bitcoin purchase amid Israel-Iran conflict

15.06.2025
Tron Looks to Go Public in the U.S., Form Strategy-Like TRX Holding Firm: FT
Business

Tron Looks to Go Public in the U.S., Form Strategy-Like TRX Holding Firm: FT

16.06.2025
$1 Billion More Bitcoin for Strategy? Of Course, It’s Monday
Business

$1 Billion More Bitcoin for Strategy? Of Course, It’s Monday

16.06.2025

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

BTCinsider – Bitcoin, Blockchain & DeFi News

With 20 million users, we are the #1 global business blockchain and cryptocurrency news network.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up