Former Swift CEO Lazaro Campos becomes OpenTrade chairman

Former Swift CEO Lazaro Campos has joined stablecoin firm OpenTrade as chairman, according to CoinDesk. The London-based company said it has reached $300 million in assets locked and is processing more than $1 billion in annual transaction volume. The appointment comes after OpenTrade completed a $17 million raise, adding a senior financial infrastructure executive to its board as the company reports growth in both locked assets and transaction activity. The report identifies OpenTrade as a stablecoin firm based in London and ties the board appointment to the company’s latest disclosed operating figures.