OpenTrade recently completed a $4 million seed extension round of financing, continuing to make strides in the blockchain field! This round was led by AlbionVC, with participation from a16z Crypto and CMCC Global. 💰
OpenTrade's CEO David Sutter stated that stablecoins play a bridging role in the crypto ecosystem, connecting digital assets with traditional finance. As the industry matures, their technology will help fintech companies and exchanges offer safer and faster stablecoin yield products. 🔗
OpenTrade utilizes Circle's payment and DeFi infrastructure, allowing regulated asset management firms to create on-chain lending products, providing investors with stable yield opportunities. 📈