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The options agreement IVX has completed a $1.2 million seed round financing, led by Animoca Ventures and others

2024-05-25 10:46:58

ChainCatcher news, based on Berachain's native options protocol IVX has completed a $1.2 million seed round financing on platform X, led by Animoca Ventures and AVID3, with participation from Big Brain Holdings, Web3Port, Cogitent Ventures, Forbole, SerDAO, Autistic Waterfowl Venture Capital, and a number of angel investors. Valuation data has not yet been disclosed.

IVX is built on the Berachain Polaris EVM technology stack, providing zero-day-to-expiration (0DTE) options for crypto assets in a permissionless and secure manner, with buyers facing no liquidation risk and allowing users to achieve high leverage exposure with minimal capital. Currently, its IVX Artio testnet is open.

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