The newly established foundation will focus on protocol development, community governance, and ecosystem innovation following an $8 million Series A funding round.
Avantis, a derivatives trading platform within the Base ecosystem, has launched a foundation to ensure protocol development, community governance, transparency, and ecosystem growth. This initiative follows the completion of an $8 million Series A funding round, co-led by Peter Thiel's Founders Fund and Pantera Capital, with participation from Symbolic Capital, SALT Fund, and Flowdesk.