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
Boost Your Liquidity & Earn BTC: Bitget Now Supports BGBTC as Collateral with 2.5% Reward!
Announcement on Suspension of LUNA Network Withdrawal Services
Announcement on Bitget listing NFLXUSDT, FUTUUSDT, JDUSDT, RDDTUSDT, QQQUSDT STOCK Index perpetual futures
Bitget Trading Club Championship (Phase 15)—Trade spot and futures to share 120,000 BGB, up to 2200 BGB per user!
