Agora Innovation obtains a seven-digit investment from FinLab EOS VC, a venture capital fund backed by Block.one and FinLab AG. Through their product: IVE.ONE, Agora brings compliant digital assets on both the Ethereum and EOSIO blockchains.
With this financing round they will aim to expand their marketing activities, especially in the Asian and European markets. In addition, they will focus on the integration of the EOSIO blockchain protocol, which will allow them to achieve greater flexibility.
"EOS is becoming a serious competitor to the Ethereum blockchain and is enabling us to cover even more use cases with our product IVE.ONE while ensuring the scalability of our solution." - Evgeny Matershev, Agora Co-Founder and Chief Product Officer