London-Based Cryptocurrency Startup OpenTrade Raises €6.1 Million Strategic Funding

The goal is to make dollar- and euro-denominated yields more widely accessible. The round was led by Notion Capital and Mercury Fund, with continued support from existing investors AlbionVC, a16z crypto, and CMCC Global. This brings OpenTrade’s total funding to over €9.6 million.

“Notion and Mercury are exceptional B2B investors with a strong track record of backing category-defining companies, and we’re thrilled to partner with them,” said CEO Dave Sutter. “Combined with a16z’s leadership, and Albion and CMCC’s deep expertise, we have the network, experience, and momentum to scale globally and help unlock access to dollar-based savings for individuals historically outside the reach of traditional financial systems.”

The system is secure, using a bankruptcy-remote structure, bank-level operations, and a solid legal framework.

The new funding will help OpenTrade grow faster by expanding its product development, engineering team, and overall operations.

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OpenTrade follows a B2B2C “yield-as-a-service” model, enabling FinTechs, neobanks, and exchanges—like Belo, BuenBit, Littio, and Criptan—to offer RWA-backed yields as part of everyday user experiences.

Unlike many on-chain RWA products aimed mainly at institutions, OpenTrade focuses on regular users, supporting frequent deposits and withdrawals as part of their daily financial activity.

Samantha Lewis, Partner at Mercury, commented, “OpenTrade is building core financial infrastructure for the next generation of FinTech. Their rapid growth underscores both the scale of demand and the strength of their model. They are solving a fundamental gap in the market with the potential to revolutionize global access to high-quality, yield-bearing accounts. It’s exactly the kind of high-conviction FinTech opportunity we look for at Mercury.”

In countries where inflation has reduced the value of savings and limited access to stable currencies, OpenTrade is helping users earn solid returns on their USD and EUR holdings—directly from their phones.

Across Argentina, Colombia, Mexico, Peru, and Spain, over 5 million retail users now have access to yields ranging from 3% to 9% APR.

According to OpenTrade, banks in Colombia offer only around 0.4% APR on dollar accounts. But through a partnership with Littio, users can now earn up to 6% on USDC balances, with no hidden fees or complicated sign-up processes.

In Spain, fintech Criptan offers up to 6% on EURC through OpenTrade—triple the average 2% yield offered by traditional European banks.

Currently, OpenTrade manages €41.1 million for clients and has processed nearly €174 million in transactions over the past year, with an average month-over-month growth of 20% over the last six months.

Itxaso del Palacio, General Partner at Notion Capital, added, “With a market cap of over $240bn, the stablecoin market is now a force to be reckoned with. OpenTrade is in a unique position to build the industry’s much needed infrastructure, and to enable stablecoin holders to benefit from yields. Having created an impressive full-stack platform, and earned relationships with the financial industry’s heavyweights; Dave, Jeff, Tom and the team are in a strong position to capitalise, and to lead the market for years to come. We are extremely excited to collaborate with them, as they continue to build and scale the OpenTrade infrastructure.”

About OpenTrade

Founded in 2023, OpenTrade is a platform designed to offer real-world asset-backed yield products in USDC and EURC. Built for FinTech companies, its institutional-grade platform provides an easy, plug-and-play solution to deliver stablecoin yield products to users.