Avantis, a derivatives trading platform in the Base Protocol ecosystem, has established a foundation.

BlockBeats News, July 30th, Base Protocol derivative trading platform Avantis announced the establishment of a foundation, whose main mission is to ensure protocol development and security, community governance and transparency, ecosystem growth and innovation.

Prior to this announcement, Avantis completed an $8 million Series A funding round, with Peter Thiel's Founders Fund and Pantera Capital co-leading, along with participants such as Symbolic Capital, SALT Fund, and Flowdesk.