Stablecoin issuer Agora receives investment from Linea
According to crypto-fundraising data, stablecoin issuer Agora received investment from Ethereum Layer 2 solution Linea, with the specific amount currently undisclosed. Additionally, Linea also invested in Tomo, ZeroLend, MYX.Finance, Entangle, and CARV. Previously reported, Agora announced in April of this year that it had completed a $12 million seed round of financing, led by Dragonfly with participation from General Catalyst and Robot Ventures. Agora will issue stablecoins supported by cash, US Treasury bonds, and overnight repurchase agreements.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
