According to Foresight News , BaseVol, an on-chain options protocol incubated by Base, has announced the completion of a $3 million funding round. This seed round was led by Neoclassic Capital, with participation from Virtuals Ventures, Baboon VC, WTIC, and several strategic investors. Altos Ventures led the previous pre-seed round.
The BaseVol team, comprised of members from traditional financial institutions such as Morgan Stanley, UBS, and Bank of America, initially focused on 0DTE options and later expanded to on-chain structured products. Officials announced that next month they will launch the first on-chain vault managed by intelligent agents, collaborating with Virtuals Protocol to explore the direction of AgentFi.
