1. OpenTrade, a stablecoin revenue product company, completed a $4 million financing; 2. OpenTrade announced the completion of a $4 million seed expansion round, led by AlbionVC.
OpenTrade, a stablecoin revenue product, completed a $4 million funding round led by AlbionVC, with participation from a16z Crypto and CMCC Global. "This funding enables us to continue our growth trajectory," David Sutter, OpenTrade's chief executive, said in a statement.
OpenTrade announced the completion of a $4 million seed expansion round to build RWA-backed loans and stablecoin yield products. This round of financing was led by AlbionVC, with participation from a16z Crypto and CMCC Global. OpenTrade intends to use the funds to expand operations and enhance product capabilities.
OpenTrade, a Web3 institutional loan and revenue product platform, announced the completion of a $3.2 million seed round financing, with participation from a16z Crypto Startup Accelerator (CSX), CMCC Global, Draper Dragon, Ryze Labs, and Plassa Capital. OpenTrade is an on chain institutional lending and revenue product platform built on Circle's payment and DeFi infrastructure, allowing regulated asset management companies to create on chain lending products that can bear profits.
Web3 机构贷款和收益产品平台 OpenTrade 宣布完成 320 万美元种子轮融资,a16z Crypto Startup Accelerator (CSX)、CMCC Global、Draper Dragon、Ryze Labs 和 Plassa Capital 等参投。OpenTrade 是一个链上机构借贷和收益产品平台,建立在 Circle 的支付和 DeFi 基础设施之上,允许受监管的资产管理公司创建可承担收益的链上借贷产品。