Cryptocurrency CoinDesk 1h ago

Pantera leads $11.5M round in Based, a Hyperliquid-powered crypto app

Market Intelligence Analysis

AI-Powered
Why This Matters

Pantera Capital led an $11.5M funding round in Based, a cryptocurrency app powered by Hyperliquid, to expand into new markets and build onchain financial infrastructure.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The company said the fresh capital will be used to expand into new markets and build out its onchain financial infrastructure.

Continue Reading
Full article on CoinDesk
Read Full Article

Related Articles

Cryptocurrency 21m ago

Tether flashes Bitcoin bottom signal: Can BTC stage another 100% rally?

Tether's crypto market capitalization drop by $3 billion in two months may signal a potential …
Cryptocurrency 1h ago

BitMine Immersion added $98 million of ether last week as losses balloon …

BitMine Immersion, a firm led by Tom Lee, continues to buy into the Ethereum market …
Cryptocurrency 1h ago

Strategy adds 592 BTC for $40M in 100th Bitcoin purchase

A strategy has made its 100th Bitcoin purchase, acquiring 592 BTC worth $39.8 million, increasing …
Cryptocurrency 40m ago

Elliptic flags Russia-linked crypto platforms’ ongoing sanctions evasion

Elliptic, a blockchain analytics firm, has identified several Russia-linked cryptocurrency platforms that are allegedly evading …
Cryptocurrency 1h ago

CoinDesk 20 performance update: AAVE gains 1.7% while index trades lower over …

The CoinDesk 20 index traded lower over the weekend, while AAVE and UNI showed slight …
Cryptocurrency 1h ago

U.S. Treasury may boost T-Bill issuance as stablecoins eye $2 trillion market …

The U.S. Treasury may increase T-Bill issuance due to potential demand from stablecoins, which could …
Original article published by CoinDesk on February 23, 2026.
Analysis and insights provided by AnalystMarkets AI.