Web3 Trading and Payment Applications Based on Hyperliquid Infrastructure Announced Completion of $11.5 Million Series A Funding, Led by Pantera Capital with participation from Coinbase Ventures, Wintermute Ventures, and others. This round features an equity investment with token warrants, with valuation not disclosed. Based states it has over 100,000 registered users, 30,000 monthly active users, a total trading volume of approximately $40 billion, and nearly $14 million in total revenue. The company plans to expand its AI-driven "agentic commerce" business and extend into the North American market. (The Block)

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