Issuer Profile·FCA-authorized (UK)

OpenTrade

OpenTrade is an FCA-authorised lender offering institutional tokenized T-bill positions via its Ethereum-native product XTBT.

www.opentrade.io ↗

Aggregate trust score

39/ 100

Weighted by outstanding supply

Tracked capital$66.28K

Instruments1

OCB — 01·Coverage

$66.28K total tracked capital

1 instrument under coverage

InstrumentClassScoreBandSupplyTrace

XTBT

Treasury39 /100

LIMITED

$66.28K

OCB — 02·Score history

57 readings

OpenTrade — aggregate trust rating, 90 days

OpenTrade — Aggregate Trust Rating

Weighted-average composite score (0–100)

OpenTrade aggregate trust rating is 39 as of Aug 26, 2026, weighted by outstanding supply across 1 instruments.

Source: OCB Trust Ratings · OpenTrade · onchainbenchmark.comUpdated daily

OCB — 03·Issuer metadata

Regulatory standing and governance

Regulatory jurisdiction: FCA-authorized (UK)
Registration ID: FCA (AR of Capricorn Fund Managers Ltd., FRN 504105) ↗
Legal structure: UK private limited company (OpenTrade Technology Ltd.); investment advisor: Five Sigma Finance Ltd. (FCA AR)
Change control: unknown
Homepage: https://www.opentrade.io ↗
Financial auditor: Not confirmed at ≥90% confidence

Methodology

Each instrument under OpenTrade is scored independently across four dimensions — Disclosure Quality, Redemption Liquidity, Structural Trust, and Holder Concentration— contributing up to 25 points each. The aggregate score shown here is weighted by each instrument's outstanding supply in USD.

Read the full methodology →