Stablecoin Agora has secured $12 million in seed funding from investors including Dragonfly, General Catalyst, and Robot Ventures. The company plans to launch a USD-pegged stablecoin and target non-U.S. customers. Nick Van Eck, son of VanEck CEO Jan Van Eck, co-founded Agora.
Stablecoin Agora has raised $12 million in seed funding from investors including Dragonfly , General Catalyst , and Robot Ventures . Agora plans to launch a USD-pegged stablecoin backed by cash, Treasury bills, and overnight repurchase agreements .
The company will focus on non-U.S. customers and aims to establish partnerships with exchanges and other crypto firms. Nick Van Eck, son of VanEck CEO Jan Van Eck, co-founded Agora.
Stablecoin Agora Funding Dragonfly General Catalyst Robot Ventures USD-Pegged Cash Treasury Bills Overnight Repurchase Agreements Non-U.S. Customers Partnerships Exchanges Crypto Firms Nick Van Eck Vaneck
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