PANews reported on May 6th that London-based crypto startup OpenTrade has completed a $17 million strategic funding round, led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, CMCC Global, and others, bringing its total funding to over $30 million. OpenTrade provides on-chain and real-world asset-backed lending and stablecoin yield products for institutions, and plans to use this round of funding to expand its infrastructure in permissioned and permissionless scenarios. Its products include a permissionless protocol layer and the yield vault portfolio framework Curration+, which enables fintech companies, digital banks, vaults, and asset issuers to design yield strategies across RWA and on-chain assets. OpenTrade claims its total value locked has exceeded $200 million, with transaction volume exceeding $250 million by 2025, and is expected to surpass $1 billion by the end of 2026.