The VanEck Family's New Stablecoin

The VanEck Family’s New Stablecoin

April 3, 2024 Tóth Balázs

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Nick Van Eck, the son of Jan Van Eck, CEO of investment firm VanEck, is the co-founder of Agora stablecoin issuer, which raised $12 million led by Dragonfly Ventures in the financing round. Among the investors are General Catalyst and Robot Ventures. The company’s token will be pegged to the USD, backed by cash and US Treasury bonds. The reserves will be managed by VanEck Asset Management.

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The VanEck Family’s New Stablecoin

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