“The problem that we’ve created in blockchain,” Navra co-founder Mike Cagney said, “is we’ve been building for this native crypto audience, but not for the real world.”

With Navra, co-founders (and spouses) Mike Cagney and June Ou seek to solve blockchain’s accessibility issue.

“The problem that we've created in blockchain,” Cagney said, “is we've been building for this native crypto audience, but not for the real world.”

Navra is the newest brainchild of Cagney, who co-founded both SoFi and Figure. Navra recently raised a $19 million Series A to bridge traditional finance onto the blockchain.

“It's really not been accessible for a retail customer at SoFi, or a hedge fund in New York City, or all these folks [whose dollars] we really need to go after,” Cagney said.

Navra’s platform is a single interface that gives access to multiple blockchain venues, and it’s available both directly and through white-label partnerships. Navra allows retail users to manage their entire cryptocurrency portfolios in one place, with access to lending, borrowing and trading solutions, according to the company. Institutional investors can also manage enterprise teams.

Cagney built Navra in a week, he said, alongside two artifivial intelligence agents that essentially kept building upon each other’s work.

“I went to the first one and I gave it a bunch of use cases, best practices of design and so forth, and it built a prototype,” he said. “I took the second and said, ‘Look, I'm a 65-year-old SoFi customer, and I don't understand blockchain.

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