Stablecoin startup Agora receives $50 million in Series A funding led by Paradigm
-
最新报道：According to Fortune magazine, on July 10, Agora, a stablecoin startup, announced that it had received a $50 million Series A funding round led by blockchain venture capital giant Paradigm. Agora was co-founded by Nick van Eck, Drake Evans and Joe McGrady. It focuses on the AUSD stablecoin and helps other companies issue their own stablecoins through white label services. Agora's current AUSD market value is $130 million, far lower than industry giants such as Tether and Circle, but the company said it will continue to focus on overseas markets to meet the demand for stablecoins brought about by cross-border payments and local currency fluctuations. In addition, Agora's model also shares the proceeds of US dollar assets with partners, aiming to encourage more financial institutions to participate in this field.
下一篇
Animoca Brands Partners with DDC Enterprise to Invest $100 Million in Bitcoin Treasury
- According to official news from the Bijie.com, DDC Enterprise Limited and Animoca Brands h...
24小时热点
热点专题
407297