OpenTrade, an encrypted structured financial product, has completed a $1.5 million financing round with Sino Global Capital as the lead investor.

BlockBeats reported on May 4th that OpenTrade, a cryptocurrency structured finance product, has announced the completion of a $1.5 million financing round with Sino Global Capital leading the investment and participation from Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures. This funding will help OpenTrade expand its business before launching in the second half of this year. The initial products will include a liquidity pool for US Treasury bills, investment-grade commercial paper, and investment-grade supply chain financing.