• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Agora's Series A Funding Round Raises $50 Million Led by Paradigm

user avatar

by Giorgi Kostiuk

11 hours ago


Agora has announced the completion of a $50 million Series A funding round, led by the crypto venture capital firm Paradigm. The funds will be directed towards expanding the company's white-label stablecoin platform.

Funding by Paradigm

Agora successfully secured $50 million in its Series A funding round, led by Paradigm, a notable player in the crypto industry. This funding follows a strategic seed round participation by Dragonfly Capital, increasing their stake in the company.

Goals and Opportunities for Agora

Agora's CEO, Nick van Eck, has expressed ambitious aims to revolutionize the stablecoin market by enabling firms to issue branded stablecoins swiftly. "What we wanted to do is really something novel, which is start by building the network... We always had the view that we were going to do white-labeled issuance in a different way to how existing peers had done it."

Impact on the Stablecoin Market

This funding underscores the growing interest in crypto infrastructure projects and their impact on liquidity and stability in the financial landscape. Agora's partnerships, especially with Polygon, suggest potential changes in on-chain dynamics that could influence tokens like USDT and USDC, as well as networks such as Ethereum and Polygon.

The investments in Agora create opportunities for significant influence on the stablecoin market and enhance liquidity amid the evolving regulatory landscape for the crypto industry.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

REX Shares Proposes TRON-Based ETF to Expand Crypto Offerings

chest

REX Shares has filed for a 2X Long TRON Daily Target ETF, which may increase interest in TRON among investors.

user avatarGiorgi Kostiuk

Cryptos to Watch: Overview of Top Assets in July 2025

chest

Exploring the best cryptocurrencies to watch in July 2025, featuring Qubetics, Solana, and Immutable X, with a focus on their real-world benefits.

user avatarGiorgi Kostiuk

HSBC and Blockchain: Launching Experiments for Hong Kong's Digital Dollar

chest

HSBC conducts blockchain experiments for e-HKD+ under HKMA on Ethereum, Arbitrum, and Polygon platforms.

user avatarGiorgi Kostiuk

Bitcoin Sets New Record, Leading to Over $1 Billion in Short Position Liquidations

chest

Bitcoin and other cryptocurrencies reached new all-time highs, causing over $1 billion in liquidations.

user avatarGiorgi Kostiuk

Bitcoin Sets New All-Time High Reaching $116,950

chest

Bitcoin surged to a new high of $116,950, highlighting positive sentiment across the cryptocurrency market.

user avatarGiorgi Kostiuk

Double Returns from TRON: REX Shares Proposes New ETF

chest

Financial firm REX Shares has filed for a new ETF that aims to increase investor returns from TRON.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.