OpenTrade raises $17 million to connect stablecoins to real-world assets
Burns Brief
The a16z-backed stablecoin yield and RWA lending platform’s funding round was led by Mercury Fund and Notion Capital Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The a16z-backed stablecoin yield and RWA lending platform’s funding round was led by Mercury Fund and Notion Capital.
Key Takeaways
- The a16z-backed stablecoin yield and RWA lending platform’s funding round was led by Mercury Fund and Notion Capital