Web3 Payment Application completes $11.5 million Series A funding, led by Pantera Capital

ZkProver · 2026-03-06T15:16:28+00:00

Web3 trading and payment applications Based completed a $11.5 million Series A funding round, led by Pantera Capital with participation from Coinbase Ventures and others. The platform has over 100,000 registered users, and the funding will support AI-driven business development and expansion into the North American market.

ZkProver

2026-03-06 15:16:28

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ChainCatcher reports that, according to The Block, the Web3 trading and payment application Based, built on Hyperliquid infrastructure, announced a $11.5 million Series A funding round led by Pantera Capital, with participation from Coinbase Ventures, Wintermute Ventures, and Karatage.

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 enter the North American market. The funding round reportedly started in Q4 2024 and concluded last week. The round was structured as equity investment combined with token warrants.

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