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Web3 application Based secures $11.5 million in a funding round led by Pantera, Coinbase Ventures, and Wintermute to boost its decentralized trading infrastructure.

PRIVATEFeb 23, 2026

Amount Raised

$11.5 Million

Round Type

Funding Round

Financial ServicesBlockchainCryptocurrency

Investors

Pantera CapitalCoinbase VenturesWintermute

Description

Web3 application Based has raised $11.5 million from notable investors including Pantera Capital, Coinbase Ventures, and Wintermute. The round utilized a hybrid funding structure of equity with token warrants, catering to crypto market dynamics. This funding reflects a strong investor interest in Web3 infrastructure projects. Based aims to advance its position in the growing decentralized trading segment.

Quick answer

Web3 application Based raised $11.5 Million in a Funding Round round, dated February 23, 2026. Investors: Pantera Capital, Coinbase Ventures and Wintermute.

How much did Web3 application Based raise?
Web3 application Based raised $11.5 Million in a Funding Round round on February 23, 2026.
Who invested in Web3 application Based?
Pantera Capital, Coinbase Ventures and Wintermute are named as investors in this round.
What does Web3 application Based do?
Based is a Web3 application that operates within the Hyperliquid ecosystem, focusing on decentralized trading and infrastructure.

Source: Fundz verified event record.

Who else raised in Financial Services and Blockchain around the same time

Companies in the same sectors as Web3 application Based that raised within 45 days of this round, from Fundz verified event records.

  • GoSats raised $5M (Series A) on April 7, 2026.
  • Keyrock raised an undisclosed amount (Series C) on April 1, 2026.
  • Valinor Digital raised $25M (Seed) on March 31, 2026.
  • M1X raised $3M (Angel) on March 27, 2026.
  • M1X Global raised $3M (Angel) on March 26, 2026.
  • Tetra Digital Group raised $8.6M on March 25, 2026.

Who to call at Web3 application Based, and when

A new round usually means Web3 application Based is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Web3 application Based

About

Based is a Web3 application that operates within the Hyperliquid ecosystem, focusing on decentralized trading and infrastructure. The application aims to provide high-speed execution and capital efficiency in the DeFi space. Its recent funding indicates strong investor interest in foundational Web3 technologies.

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Web3 application Based raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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