Openmarkets plans to raise $50 million for DeFi and overseas expansion

Openmarkets Group, an Australia-based fintech infrastructure provider, announced plans to raise $50 million to support its entry into the decentralized finance (DeFi) sector and expand into overseas markets such as Singapore, Hong Kong, and the United States. The company provides application programming interfaces (APIs) to financial institutions, enabling them to provide clients with access to Australian and international stock markets.