Avantis has completed an $8 million Series A funding round, with Founders Fund and Pantera Capital co-leading the investment.

BlockBeats News, June 4th, according to The Block, Base-based decentralized leverage trading platform Avantis has completed an $8 million Series A funding round, with Peter Thiel's Founders Fund and Pantera Capital co-leading, and participation from Symbolic Capital, SALT Fund, and Flowdesk.

Reportedly, the funding round was completed in mid-2024, but Avantis chose to announce it now to align with the protocol's development. Avantis's Series A funding round is structured as equity financing and token warrants, with a total funding of $12 million, including a $4 million seed round completed in September 2023.

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