VanEck to manage reserve fund for new Agora Dollar stablecoin venture after $12 million raise

Oluwapelumi Adejumo

Bitcoin exchange-traded fund (ETF) issuer VanEck is set to oversee the reserve fund for a new stablecoin venture called Agora Dollar (AUSD). The stablecoin firm raised $12 million in a funding round led by crypto venture fund Dragonfly. The firm was launched by Nick Van Eck, the son of legendary investment manager Jan Van Eck, in […]

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VanEck to manage reserve fund for new Agora Dollar stablecoin venture after $12 million raise