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Ripple's Xpring, Outlier Ventures Back $4 Million Raise for Agoric
Agoric, which is looking to build a smart contract-focused programming language, secured $4 million in backing from Ripple's Xpring and others.
Yazan Nikhilesh De
Blockchain startup Agoric has raised $4 million to continue its mission to make smart contracts more secure, the company announced Monday.
Agoric, which launched last year, is working to develop a blockchain-agnostic programming language specifically for smart contracts. The language, which is based on javascript, will allow programmers to conduct formal verification processes while still being more easily accessible than other languages used for blockchains today.
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In a press release, the company announced it had secured new funding from Ripple's Xpring, gumi Cryptos Capital, Kilowatt Capital, MetaStable Capital, Outlier Ventures, Lemniscap, Rockaway Blockchain and the Interchain Foundation, as well as additional funding from Naval Ravikant and Polychain.
The startup intends to double the size of its team with the new funding, targeting the engineering and business development aspects as it prepares to bring its technology to market.
Agoric's next specific goal is to launch a testnet, as well as "build out interoperability with top-tier next-generation decentralized projects."
In a statement, chief scientist Mark Miller noted that smart contracts can occasionally be "prone to a number of extremely expensive errors."
Even seasoned veterans are not immune to accidentally writing a bug into a contract, he said, adding:
"Programming smart contracts in the way the industry does it now is just too hard and too hazard-prone, and the losses are too great. This is a huge problem and one that needs to be fixed."
Agoric team image courtesy Agoric
Update (May 15, 14:30 UTC): The Electric Coin Company (sometimes referred to as the Zcash Company, the for-profit institution behind the privacy-focused cryptocurrency zcash) invested in Agoric's first round, but not the latest one, as incorrectly stated in an earlier version of this article.
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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market
Tarafından sipariş edildiKuCoin
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Bilinmesi gerekenler:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Bitcoin pushes above $90,000 as traders eye change in pattern
Particularly hard-hit in 2025's final sessions, crypto-related stocks are bouncing in this year's first trading day.
What to know:
- Bitcoin rose above $90,000 during U.S. trading hours on Friday.
- It's a notable change in trend, as crypto prices late in 2025 were typically on the defensive while American stocks traded.
- Strategy, Coinbase, Hut 8 and Galaxy Digital were among the crypto-related stocks seeing strong gains.
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