Lazaro Campos, the former chief executive officer of Swift, the international financial messaging system, has taken on the role of chairman at OpenTrade, a stablecoin yield platform located in London.
This development, made public on Friday, arrives roughly half a year after the enterprise secured $17 million to scale its business activities. The move places a former leader of a primary global banking network inside a firm that assists digital asset platforms, trading venues, and fintech entities in providing yields on stablecoin holdings.
OpenTrade noted that Campos will guide its growth as a greater number of traditional financial organizations embrace stablecoins.
Campos remarked that he has dedicated the majority of his professional life to the systems the global economy relies on for capital transfers, adding that stablecoins represent the upcoming phase while yield provides their utility for enterprises and their clientele.
The company reported handling upwards of $1 billion in transaction volume throughout the preceding year, alongside $300 million in total value locked, which tracks the capital deposited onto the network. Back in May, during the disclosure of its investment round, OpenTrade stated it held over $200 million in locked capital paired with $250 million in yearly transaction volume.
Previously, Campos directed Swift, a financial framework linking in excess of 11,000 banks globally while transferring as much as $1.5 quadrillion each year. Data from OpenTrade indicates that transaction levels on Swift nearly doubled while he was at the helm.
Furthermore, his resume includes positions on the board governing the Bank of England’s Real-Time Gross Settlement infrastructure and Clearing House Automated Payment System, as well as the board for Starling digital bank. Presently, he holds the chairman title at Payoneer Europe.
Established in 2023, OpenTrade delivers technical architecture enabling companies to supply euro- and dollar-based yields supported by real-world assets without requiring them to construct proprietary investment frameworks.
The May funding initiative was co-led by Mercury Fund and Notion Capital, with backing from CMCC Global, AlbionVC, and a16z crypto. Total funding for the firm currently stands at $32 million.
Chief Executive Officer David Sutter stated that Campos will aid the organization in broadening its product offerings as an increasing number of financial institutions integrate stablecoins.
Originally published at https://www.coindesk.com/business/2026/10/29/former-swift-ceo-joins-stablecoin-firm-opentrade-as-chairman-after-a-usd17-million-raise.
