Agora Raises $50M Series A to Accelerate White-Label Stablecoin Platform

Agora has completed a $50 million Series A funding round led by Paradigm, with continued participation from Dragonfly Capital, positioning the company to accelerate development of its full-stack platform for digital finance applications, the stablecoin infrastructure startup said in a post on X.

The funding milestone brings Agora's total capital raised to approximately $62 million, following a $12 million seed round led by Dragonfly in 2024. The investment signals growing institutional demand for stablecoin infrastructure as businesses seek to integrate digital dollars without building complex systems from scratch.

With the Series A funding, Agora plans to deepen connections between onchain and traditional fiat infrastructure layers. The company aims to create an ecosystem where stablecoin creation, management, and integration becomes seamless for fintechs, exchanges, and enterprises.

White-Label Stablecoin Solution Launches

Coinciding with the funding announcement, Agora formally launched its white-labeled stablecoin product, offering enterprises a turnkey solution to issue branded stablecoins within days rather than months. The platform eliminates the need for companies to manage infrastructure, secure banking relationships, or build liquidity networks independently.

The white-label solution leverages Agora's existing AUSD stablecoin infrastructure, which has achieved significant scale with tens of billions in cumulative volume and over 50,000 monthly active addresses. Partners can tap into institutional-grade custodial services, deep onchain liquidity, and comprehensive exchange integrations through a single platform.

Companies utilizing the service gain access to robust analytics dashboards, compliance architecture, and zero-fee minting when using USDC or USDT. The platform also provides local foreign exchange on and off-ramps, enabling global reach for enterprise clients.

Expanding Multi-Chain Infrastructure

Agora has built comprehensive infrastructure across 13 blockchain networks, including native deployments on Ethereum, Solana, Arbitrum, Avalanche, BNB Chain, Polygon, and Sui Network. This multi-chain approach provides flexibility for enterprises operating across different blockchain ecosystems.

The platform has attracted dozens of customers including institutional players like VanEck, Conduit, and Flow Desk, who rely on Agora's infrastructure to power their stablecoin operations. The company's approach focuses on creating programmable, composable stablecoins that can integrate seamlessly into existing financial applications.

AUSD Foundation and Yield Sharing

Agora's core product, AUSD, maintains a market capitalization of approximately $130 million and operates with full backing by cash and short-term U.S. Treasuries held in segregated reserves administered by State Street and VanEck.

A key differentiator for Agora's platform is its yield-sharing model, where partners launching branded stablecoins receive portions of the yield generated by underlying reserve assets. This revenue-sharing mechanism contrasts with traditional stablecoin models where issuers retain all yield, creating financial incentives for platform adoption.

Market Opportunity and Timing

The funding comes as stablecoin adoption accelerates across traditional finance and cryptocurrency sectors. U.S. dollar-pegged stablecoins currently represent approximately $250 billion in circulation, but industry analysts project the market could reach trillions of dollars once comprehensive U.S. regulatory frameworks are established.

Agora co-founder Nick van Eck, son of VanEck CEO Jan van Eck, launched the company alongside former Coinbase engineers Drake Evans and Joe McGrady.

Agora's approach differs from incumbent stablecoin issuers by focusing on infrastructure-as-a-service rather than direct token issuance. This strategy allows the company to capture value from multiple branded stablecoins while providing standardized infrastructure and compliance frameworks.