VanEck Scion, founded by Nick Van Eck, son of investment veteran Jan Van Eck, secures $12M in seed funding led by Dragonfly. General Catalyst and Robot Ventures also join. Van Eck, with Drake Evans and Joe McGrady, launches Agora, a stablecoin pegged to the USD. Agora, focusing on transparency, will initially operate outside the US due to regulatory uncertainties. The issuing entity will be in the British Virgin Islands.
Agora Joins the Stablecoin Market with $12M Seed Round led by Dragonfly
