OpenTrade completes US$3.2 million in seed round financing, with participation from a16z Crypto Startup Accelerator and others

Odaily News Web3 institutional loan and income product platform OpenTrade announced the completion of a US$3.2 million seed round of financing, 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 yield product platform built on Circles payments and DeFi infrastructure, allowing regulated asset managers to create on-chain lending products with affordable yields. (TheBlcok)