Opentrade drives global access to yields with Stablecoins by raising USD 7 million
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Opentrade allows yields from 3% to 9% in USD and EUR from the cell phone.
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Available in countries such as Argentina, Colombia, Mexico, Peru and Spain.
Opentrade, an institutional degree platform that promotes yields with stablcoins backed by real assets, closed an investment round of 7 million dollars.
Led by Notion Capital and Mercury Fund, the investment also had the support of Albionvc, A16z Crypto and CMCC Global. With this, Opencentra has already raised more than 11 million dollars in investment after only six months, consolidating institutional confidence in its model.
More access to yields with stablcoins, without friction or barriers
Opentrade offers an institutional platform for yields with stablecoins backed by real assets, operating under a B2B2C model. Its “Yield-A-A-Service” product allows Fintechs such as Littio, Criptan, Belo and Buenbit to easily integrate these yields to their platforms.
Unlike solutions designed only for large investors, this institutional infrastructure prioritizes the daily experience of the user. Currently, more than 5 million people in Argentina, Colombia, Mexico, Peru and Spain access between 3% and 9% of APR in USD and EUR, directly from their phones.
An institutional platform that transforms savings into unstable economies
In countries where inflation dilutes the value of savings, operate is positioned as a bridge towards yields with stablecoins. In Colombia, for example, banks offer only 0.4% interest in dollars. With the Opentrade and Littio alliance, Users get up to 6% in USDC.
Criptan, Spanish Fintech that uses the institutional platform of Opentrade, allows to win up to 6% in EURC. This triples the typical 2% yield offered by traditional European banks. All this is achieved without hidden rates or complex incorporation processes.
Sustained growth and support of large funds
The institutional platform It already manages 47 million dollars and has processed almost 200 million in volume in the last yearwith an average monthly growth of 20% for six consecutive months.
Samantha Lewis, Mercury partner, declared: “Opentrade is building key infrastructure for the new Fintech generation. Its solid and scalable model responds to an urgent need for the market”.
From Notion Capital, Itxaso del Palacio added: “With a Stablecoins market that exceeds 240 billion dollars, Opentrade is in a position to lead the sector’s infrastructure and channel yields with stablcoins to millions of users.”
About Opencentra
Opentrade is an institutional platform for performance products in USDC and EURC backed by real assets. Its “Plug-And-Play” technology allows Fintechs and Exchange to offer safe yields to its users, thanks to a robust legal architecture and banking level operations.
Available in Latin America and Europe, Opentrade is supported by investors such as A16z Crypto, Circle and Notion Capital. For more information, visit your website or follow them in your social networks.
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