Navra, the Las Vegas-based startup founded by Mike Cagney, has raised $19 million in Series A funding led by Ribbit Capital, with participation from Baseline, DCM, Jump Crypto, and Figure Technology Solutions. The round closed on October 6, 2026, and the funds will be used to expand AI infrastructure and build out platform features. The company plans a limited rollout by late October 2026, targeting both retail and institutional investors with a single interface connecting to multiple blockchain venues. Figure Technology Solutions has been named as Navra’s first blockchain partner, bringing its SEC-registered yielding stablecoin YLDS and Democratized Prime yield protocol. Figure’s ecosystem generates over $2 billion in real-world assets on the blockchain each month.
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