Van Eck heir to launch stablecoin backed by investment firm’s endorsement
Nick Van Eck has ventured into stablecoins with the backing of his family’s esteemed business. Agora, the brainchild of Van Eck and crypto stalwarts Drake Evans and Joe McGrady, recently secured $12 million in seed funding, spearheaded by digital-asset venture firm Dragonfly. Operating under a Delaware incorporation with its stablecoin issuer headquartered in the British Virgin Islands, Agora’s stablecoin will cater exclusively to...