Avantis Labs Raises $4 Million in Seed Funding for Decentralized Exchange!

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Avantis Labs has secured $4 million in seed funding in a round led by Pantera Capital. Other participants include the Founders Fund and Coinbase’s Base Ecosystem Fund, among others. The protocol aims to offer investors the ability to trade cryptocurrencies and real-world assets (RWAs) with up to 100x leverage on its decentralized exchange. This move further bolsters the adoption and utility of decentralized exchanges as more investors seek exposure to cryptocurrencies and other digital assets.