Based Secures $11.5M in Series A Funding to Accelerate Global Expansion

Singapore-based fintech company Based has secured a significant investment of $11.5 million in Series A funding. The round was led by Pantera, with participation from Coinbase Ventures, Wintermute Ventures, and Karatage.

The new capital will be used to accelerate global expansion efforts and extend the development of on-chain financial infrastructure. This infrastructure is designed to provide users with a seamless experience for trading and spending crypto globally.