OpenTrade raised $3.2M in seed funding led by a16z Crypto Startup Accelerator (CSX), CMCC Global, Draper Dragon, Ryze Labs, and Plassa Capital to expand operations and development efforts.
Amount Raised
$3.2 Million
Round Type
Seed
Investors
Description
OpenTrade, a London, UK-based institutional crypto lending platform provider, raised $3.2m in seed funding. Backers included from a16z Crypto Startup Accelerator (CSX), CMCC Global, Draper Dragon, Ryze Labs, and Plassa Capital. The company intends to use the funds to expand operations and its development efforts.
Quick answer
OpenTrade raised $3.2 Million in a Seed round, dated April 15, 2024. Investors: A16z Crypto Startup Accelerator, Plassa Capital, Ryze Labs, Draper Dragon and CMCC Global. OpenTrade is based in London, England, United Kingdom.
- How much did OpenTrade raise?
- OpenTrade raised $3.2 Million in a Seed round on April 15, 2024.
- Who invested in OpenTrade?
- A16z Crypto Startup Accelerator, Plassa Capital, Ryze Labs, Draper Dragon and CMCC Global are named as investors in this round.
- What does OpenTrade do?
- OpenTrade provides an institutional grade platform for lending and yield products designed for fintechs and institutional investors across Web2 and Web3 ecosystems.
- Where is OpenTrade based and how big is it?
- OpenTrade is based in London, England, United Kingdom. Fundz records about 28 employees.
- Who are the decision-makers at OpenTrade?
- Fundz holds 1 contact at OpenTrade. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as OpenTrade that raised within 45 days of this round, from Fundz verified event records.
- Aperture Finance raised $12M (Series A) on May 29, 2024.
- PrismaStake raised $6M (Seed) on April 2, 2024.
- Keyring Network raised $6M (Seed) on March 19, 2024.
- Fortunafi raised $9.5M (Seed) on May 29, 2024.
- Anzen Finance raised $4M (Seed) on May 28, 2024.
- HQLAᵡ raised an undisclosed amount (Series C) on April 18, 2024.
Who to call at OpenTrade, and when
A new round usually means OpenTrade is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day OpenTrade raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at OpenTrade, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at OpenTrade. With Fundz connected, it knows.
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Fundz sees it the moment OpenTrade raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
OpenTrade raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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