Former Swift CEO Lazaro Campos becomes chairman of OpenTrade
Lazaro Campos, former Swift chief executive, joined OpenTrade as chairman as the firm disclosed $300 million in total value locked.
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According to its website, OpenTrade, founded in 2023, supplies the infrastructure that lets fintechs, exchanges and digital wallets offer users dollar- and euro-denominated returns backed by real-world assets without building their own investment systems. OpenTrade reports $300 million in total value locked, up from more than $200 million in May 2026, and more than $1 billion in transaction volume over the past 12 months, up from $250 million reported in May.
According to CoinDesk, OpenTrade raised $17 million in May 2026 in a round led by Mercury Fund and Notion Capital, with a16z crypto, AlbionVC and CMCC Global participating. That brought total funds raised to $32 million.
According to CoinDesk, Campos ran Swift, the financial messaging network connecting more than 11,000 institutions. He has served on the Bank of England’s RTGS and CHAPS boards and on the board of digital bank Starling, and he chairs Payoneer Europe.
“I’ve spent most of my career on the infrastructure the world uses to move money,” Campos said.