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OpenTrade closes $3.2 million seed round of funding

OpenTrade closes $3.2 million seed round of funding

2024/04/09 18:22

OpenTrade, the Web3 institutional lending and income products platform, announced the closing of a $3.2 million seed round 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 income products platform built on top of Circle's payments and DeFi infrastructure, allowing regulated asset managers to create on-chain lending products with affordable income.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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