Opentrade, an institutional degree platform that drives yields with real assets-backed stubcoins, has shut down its $7 million investment round.
The investment, led by the Notion Capital and Mercury Fund, also had support from AlbionVC, A16Z Crypto and CMCC Global. This has led OpenCentra to have already raised more than $11 million in investments just six months, consolidating the institutional trust in its model.
More access to yield using stubcoin without friction or barriers
Opentrade provides an institutional platform for yield using Stablecoins supported by actual assets operating under the B2B2C model. With its “yield” products, fintechs like Littio, Criptan, Belo and Buenbit can easily integrate these yields into the platform.
Unlike solutions designed for large investors, the institution’s infrastructure prioritizes the daily experience of users. Currently, over 5 million people in Argentina, Colombia, Mexico, Peru and Spain are accessing between 3% and 9% of APR and EUR directly from their mobile phones.
An institutional platform that turns savings into a volatile economy
In countries where inflation reduces the value of savings, sales are placed as bridges on the bridges heading towards the stupid bridge. In Colombia, for example, banks offer just 0.4% interest on the dollar. Opentrade and Littio Alliance, Users get up to 6% on USDC.
Criptan, a Spanish fintech using Opentrade’s institutional platform, can earn up to 6% in the euro. This triples the typical 2% yield offered by traditional European banks. All this is achieved without hidden rates or complex uptake processes.
Sustainable growth and support for large-scale funds
Institutional Platform It already manages $47 million and handles almost 200 million volumes last year.for the sixth consecutive month, the average monthly average growth rate is 20%.
Mercury partner Samantha Lewis has been declared: “Opentrade is building a critical infrastructure for the new generation of fintechs. Its solid and scalable model meets the urgent needs of the market.”.
From the capital of concept, Itxaso del Palacio has been added: “With over $240 billion in Stablecoins market, Opentrade is in a position to lead sector infrastructure and channel yields using stubcoins for millions of users.”
About OpenCentra
Opentrade is an institutional platform for USDC and EURC performance products supported by real assets. Its “plug and play” technology allows fintech and exchanges to provide users with a secure yield thanks to their robust legal architecture and bank-level operations.
Available in Latin America and Europe, Opentrade is supported by investors such as A16Z Crypto, Circle, and Notion Capital. For more information, please visit your website or follow your website Social Network.
The content and links provided in this article only serve a useful purpose. Cryptonotics does not provide legal, financial, or investment recommendations or councils. Investing in cryptocurrency in advance with ICOs and tokens is risky. Each stakeholder must carry out his or her research and invest at her own risk. Cryptonotics does not support investment offers or anything advertised here. For more information, see Achieve Our Responsibility.