PANews reported on May 25 that IVX, a native options protocol based on Berachain, announced the completion of a $1.2 million seed round of financing. The round was led by Animoca Ventures and AVID3, with participation from Big Brain Holdings, Web3Port, Cogitent Ventures, Forbole, SerDAO, Autistic Waterfowl Venture Capital, and several angel investors. IVX is built on the Berachain Polaris EVM technology stack, providing zero-day-to-expiry (0DTE) options for crypto assets in a permissionless and secure manner. Buyers face no liquidation risk and can achieve high leverage exposure with minimal capital. Currently, its IVX Artio testnet is open.