Based completes $11.5 million Series A funding round, led by Pantera Capital
ChainCatcher News, according to The Block, Web trading and payment application Based, built on Hyperliquid infrastructure, announced the completion of a $11.5 million Series A funding round. The round was led by Pantera Capital, with participation from a certain exchange Ventures, Wintermute Ventures, and Karatage.
Based stated that it already has over 100,000 registered users, 30,000 monthly active users, a cumulative trading volume of approximately $40 billions, and total revenue of nearly $14 millions. The company plans to expand its AI-driven "agentic commerce" business and extend into the North American market. It is reported that this round of fundraising began in Q4 2025 and concluded last week. The structure of this round includes equity investment plus token warrants.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: $80,000 is the key resistance level for BTC, and a breakout could trigger amplified volatility
Data: The current Crypto Fear & Greed Index is 32, indicating a state of fear.
Data: If BTC breaks $80,965, the cumulative short liquidation intensity on major CEXs will reach $713 million.
RootData: CHEEL will unlock tokens worth approximately 2.82 million dollars in one week
