# OpenTrade

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opentrade

- Industry: Software
- Headquarters: UK
- Website: www.opentrade.io
- Total disclosed funding: $14M
- Latest round: Seed (Jun 2, 2025)
- Investors on record: 8

## About

Based in the UK, and founded in 2023 by  (CEO) Dave Sutter, Jeff Handler, and Tom Niermann, Open Trade Technology Ltd operates as a Web3 treasury management platform that provides institutions with access to on-chain structured financial products backed by investment-grade financial assets. In May 2026, OpenTrade raised USD 17 million in venture funding co-led by Mercury Fund and Notion Capital, with participation from AlbionVC, CMCC Global, and Andreessen Horowitz.
OpenTrade develops a treasury management platform that sources financial assets via a global network of financial institutions and B2B networks and structures them into yield-bearing, on-chain financial products. Its users can deposit USDC and/or EUROC from their own wallets into on-chain liquidity pools with specific investment criteria, underlying assets, and target yield, as well as receive ERC-20 liquidity pool tokens in their own wallets representing a pro rata claim on the NAV of the liquidity pool and its underlying financial assets.
The company plans to use the May 2026 funding to expand its stablecoin yield infrastructure, further develop its platform and curation services, and support global scaling across fintech, institutional, and asset-issuer use cases.

## Funding rounds

- Seed, Jun 2, 2025, $7M — Mercury, Notion Capital, Andreessen Horowitz, AlbionVC, CMCC Global
- Seed, Nov 25, 2024, $4M — Andreessen Horowitz, AlbionVC, CMCC Global
- Seed, Apr 9, 2024, $3.2M — CMCC Global, Ryze Labs, Plassa Capital, Draper Dragon

## Investors

- CMCC Global (https://capitalatlas.ai/funds/cmcc-global) — Seed
- Ryze Labs (https://capitalatlas.ai/funds/ryze-labs) — Seed
- Plassa Capital (https://capitalatlas.ai/funds/plassa-capital) — Seed
- Draper Dragon (https://capitalatlas.ai/funds/draper-dragon) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- AlbionVC — Seed
- Mercury (https://capitalatlas.ai/funds/mercury) — Seed
- Notion Capital (https://capitalatlas.ai/funds/notion-capital) — Seed