Agora Innovation GmbH, a Frankfurt, Germany-based blockchain startup, closed a seven-digit Pre-series A financing round.
FinLab EOS VC made the investment.
The company intends to use the funds to extend its marketing and sales activities and enter European and Asian markets.
Founded in 2017 by Phong Dao, Evgeny Matershev and Robert Malec, Agora is a financial technology company focusing on blockchain, DLT and digital assets. Its product, IVE.ONE, is a global investment and issuance platform for legally compliant digital securities on the blockchain. The platform combines various national regulatory requirements with the blockchain to protect companies from money laundering and sanction risks. All market participants in the field of digital securities, such as issuers, investors, stock exchanges and others, can this way comply with local and global regulations and have full control over their assets.