Berachain-based native options protocol IVX completes $1.2 million seed round led by Animoca Ventures
IVX, the native options protocol based on Berachain, completed a seed round financing of $1.2 million on the X platform. Animoca Ventures and AVID3 led the investment, with participation from Big Brain Holdings, Web3Port, Cogitent Ventures, Forbole, SerDAO, Autistic Waterfowl Venture Capital, and a group of angel investors. The valuation data has not been disclosed yet. IVX is built on the Berachain Polaris EVM technology stack and provides zero-day expiry (0DTE) options for encrypted assets in a permissionless and secure manner, with no clearing risk for buyers and allowing users to achieve high leverage with minimal capital. Currently, its IVX Artio testnet is open.
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.
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