📣 OpenTrade has raised an oversubscribed funding round led by Sino Global Capital, with participation from other leading Web3 organizations including Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures.
Bringing real yields to DeFi
We provide Web3 treasurers & institutions access to on-chain structured financial products backed by investment grade financial assets.
Enterprise grade treasury management platform for Web3 institutions.
Access a suite of on-chain structured financial products
Backed by investment grade, liquid financial assets
Predictable returns, uncorrelated to crypto prices
Secured with a bankruptcy remote, time tested legal structure
Continue to operate entirely on-chain
Composable across other DeFi and crypto applications
OpenTrade is built on Circle's DeFi and payments infrastructure.
This gives users the utmost control, transparency, and security.
How it works
Real assets. Real yields.
We source financial assets via a global network of financial institutions and b2b networks and structure them into yield-bearing, on-chain financial products.
We provide users access to a secure, intuitive treasury management platform built on Circle’s battle hardened DeFi and payments infrastructure.
Users can deposit USDC and/or EUROC from their own wallets into on-chain liquidity pools with specific investment criteria, underlying assets, and target yields.
Users receive ERC-20 liquidity pool tokens in their own wallets representing a pro rata claim on the NAV of the liquidity pool and it's underlying financial assets.
Financial assets backing each liquidity pool are held in a bankruptcy remote structure by a regulated custodian, in segregated accounts for the benefit of token holders.
To withdraw, users simply redeem liquidity pool tokens for the equivalent amount of USDC/EUROC, which includes a pro rata share of principal and accrued interest.