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$60.26K

Instruments1

OCB — 01·Coverage

$60.26K total tracked capital

1 instrument under coverage

InstrumentClassScoreBandSupplyTrace

XTBT

Treasury39 /100

LIMITED

$60.26K

OCB — 02·Score history

OpenTrade — aggregate trust rating

Calibrating

Score history will appear once 5 more daily readings have been collected (9 of 14 so far).

OCB — 02·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 OpenTradeis 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 →