Agora announces a $50 million Series A round raised, led by Paradigm and with participation from Dragonfly, with the mission of accelerating the development of Agora’s fullstack platform for stablecoin infrastructure

Agora announced a $50 million Series A led by Paradigm, with additional participation from Dragonfly, to expand its stablecoin infrastructure business and accelerate development of its full-stack platform. The company says the new capital will support growth of its AUSD stablecoin and its white-label offering, which is designed to let other companies launch branded stablecoins on top of Agora’s underlying infrastructure. The raise follows Agora’s $12 million seed round in 2024, bringing its total funding to $62 million. Agora was founded by Nick van Eck, Drake Evans, and Joe McGrady, and it positions itself as infrastructure for stablecoin issuance rather than a single consumer-facing token; its model emphasizes interoperability, reserve-backed issuance, and sharing reserve yield with partners. The funding is notable because it reflects continued venture interest in stablecoin infrastructure amid rising demand and evolving U.S. regulation, and because it strengthens a category that includes major incumbents such as Circle and Tether.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Agora Secures $50M To Expand Global Stablecoin Infrastructure ... (superbcrew.com)
• Agora raises $50m Series A, debuts white-label stablecoin product (fintechfutures.com)
• Agora Secures $50 Million Financing, Why Did Paradigm Invest in ... (binance.com)
• Announcing our $34M Series B, led by Qumra Capital - Agora (agorareal.com)
• Exclusive: Stablecoin startup Agora raises $50 million Series A led ... (fortune.com)

Explore the topic

• Stablecoin Infrastructure
• Seed Round
• Participation
• Paradigm