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Donovan Hare

Co-Founder & CTO Agant

Donovan Hare Bio

Donovan Hare is the Co-Founder and Chief Technology Officer of Agant, a UK-based sterling stablecoin issuer building institutional-grade infrastructure for GBP-denominated digital finance. At Agant, Hare leads technology strategy and development as the company works on GBPA, a pound sterling stablecoin designed for institutional payments, settlement, and tokenized asset use cases.

Hare’s role places him at the center of Agant’s technical execution, where stablecoin infrastructure must combine blockchain connectivity, operational controls, reserve-related safeguards, compliance requirements, and user-facing reliability. His background spans large-scale platform development across regulated companies and public institutions, giving him experience relevant to financial infrastructure that must operate securely and consistently.

Overview

Agant is building stablecoin-powered financial infrastructure for the UK and broader institutional markets. The company’s stated mission is to enhance money in the UK and beyond by developing compliant stablecoins that help businesses capture value from tokenization, beginning with GBP.

As CTO, Hare is responsible for the technical foundation behind that mission. For a stablecoin issuer, the technology function is not limited to software delivery. It also includes systems architecture, security design, wallet infrastructure, blockchain integrations, transaction controls, monitoring, operational resilience, and coordination with legal and compliance teams.

History and Background

Hare’s professional background includes technology leadership across regulated and high-scale environments. Before co-founding Agant, his career included work tied to infrastructure, digital identity, public-sector technology, and large platform modernization projects.

His earlier experience includes a Tech Lead role at BT, where his work was connected to digital infrastructure and identity-related programs. His background also includes roles associated with Marco and The Royal Household, where his technology work contributed to digital platforms and user-facing systems.

This career path is relevant to Agant because stablecoin infrastructure requires both technical delivery and operational discipline. Products tied to financial settlement must be built with reliability, auditability, access controls, and regulatory expectations in mind from the outset.

Role at Agant

At Agant, Hare oversees technology strategy, product engineering, and infrastructure development. His responsibilities include shaping how Agant designs and operates the systems that support GBPA, including blockchain integrations, wallet infrastructure, security controls, and platform reliability.

Agant’s company page lists Hare as Co-Founder and CTO and identifies him as a technical founder with experience building large-scale platforms across regulated companies and public institutions. That combination of founder-level responsibility and technical leadership makes his role central to Agant’s ability to move from stablecoin concept to production-grade financial infrastructure.

Products and Services

Agant’s core product is GBPA, a sterling-denominated stablecoin intended to represent the British pound onchain. The company says GBPA will be fully backed and redeemable 1:1, with infrastructure designed for institutional use cases such as payments, settlement, tokenized assets, and onchain financial services.

Agant Finance Limited is registered with the UK Financial Conduct Authority as a cryptoasset firm under the Money Laundering Regulations 2017. The company also states that services related to GBPA are not covered by the Financial Services Compensation Scheme or the Financial Ombudsman Service.

CryptoSlate tracks the company through its Agant company profile.

Technology and Infrastructure

Agant’s infrastructure strategy involves building a GBP stablecoin system that can operate across blockchain networks while maintaining institutional controls. Public materials describe GBPA as backed by high-quality liquid assets, with reserve transparency, regulated custodians, and separate accounts for customer funds as key components of the model.

The company selected Archax as a partner for custody of GBPA’s backing assets and access to tokenized GBP-denominated money market funds. Agant also chose Dfns as its wallet management platform, linking its stablecoin plans to secure wallet infrastructure for institutional use.

For Hare, these partnerships point to a technology role that extends beyond internal engineering. Stablecoin infrastructure depends on the coordination of custody, wallets, blockchain rails, compliance systems, customer workflows, and operational monitoring.

Market Position and Ecosystem Role

Hare’s work at Agant sits within the emerging market for non-dollar stablecoins. While dollar-backed stablecoins dominate crypto liquidity, sterling-denominated stablecoins may serve businesses that want GBP settlement, UK-focused payment rails, onchain foreign exchange, and tokenized asset infrastructure.

Agant’s focus on GBP places the company in a more specialized segment of the stablecoin market. Its success will depend on regulatory alignment, institutional adoption, banking and custody relationships, liquidity, and the technical reliability of GBPA across supported blockchain environments.

Risks and Considerations

Stablecoin issuers face significant execution and regulatory risks. These include reserve management, redemption reliability, custody controls, financial crime compliance, smart contract or wallet vulnerabilities, blockchain network risk, and changing UK regulatory requirements.

For Agant, technical delivery is closely tied to trust. The company must show that its infrastructure can support secure issuance, redemption, settlement, monitoring, and reporting while meeting the expectations of institutional users and regulators.

Conclusion

Donovan Hare is a technical founder focused on bringing sterling-denominated stablecoin infrastructure to institutional markets. As Co-Founder and CTO of Agant, he leads the company’s technology strategy behind GBPA and its broader stablecoin-powered financial infrastructure.

His profile is relevant to CryptoSlate’s Directory because it connects stablecoin issuance, UK digital finance, blockchain infrastructure, and technical leadership in regulated environments. As Agant develops GBPA, Hare’s role will remain central to the company’s ability to build secure, compliant, and reliable onchain GBP infrastructure.

Donovan Hare Current Work

Donovan Hare Education

  • Harrow School
    2011 - 2016
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