bsx

The Ethereum Layer 2 network RISE has announced the acquisition of the team behind the Base network Perp DEX platform, BSX Labs. BSX Labs will assist RISE in developing order book infrastructure components that are composable and based on the Ethereum Virtual Machine (EVM) to connect with traditional financial markets.BSX token holders will be eligible for an airdrop of RISE's upcoming native token, with 1.5% of the total supply of RISE tokens allocated to the currently circulating BSX tokens. The BSX DEX will officially close on November 11, 2025, at 15:00 (UTC).

ChainCatcher news, according to The Block, the Base ecosystem DeFi derivatives protocol BSX has raised $6.2 million in its seed and pre-seed funding rounds. The seed round raised $4 million, led by Blockchain Capital.Investors in both rounds include Bankless Ventures, No Limit Holdings, Cadenza Ventures, Breed VC, and Arthur Hayes' family office Maelstrom. Its angel investors include Coinbase listing manager Zach Segal, Delphi founder Tommy Shaughnessy, and CoinFund investor Isaiah Washington.