According to Odaily Planet Daily, Base ecosystem derivatives exchange Avantis has officially reposted a lengthy article from the Avantis Foundation on the X platform, reiterating that the foundation's primary mission is to ensure protocol development and security, community governance and transparency, and ecosystem growth and innovation, suggesting a token issuance is imminent.

Earlier news reported that Avantis, a derivatives exchange based on the Base ecosystem, completed an $8 million Series A financing round, led by Founders Fund and Pantera Capital, with participation from Symbolic Capital, SALT Fund, and Flowdesk.