Decentralized leveraged trading platform Avantis completes $8 million Series A funding round

According to Golden Finance, Avantis, a decentralized leveraged trading platform based on Base, has raised $8 million in Series A funding, led by Peter Thiel's Founders Fund and Pantera Capital, with participation from Symbolic Capital, SALT Fund, Flowdesk, and others. It is reported that this round of financing will be completed in mid-2024, but Avantis has chosen to announce it now to coincide with the development of the agreement. Avantis' Series A financing consists of equity financing and token warrants, with a total financing amount of $12 million, including a $4 million seed round financing completed in September 2023.