VCID: 575861
    Profile

    Corporate information


    Registration country
    Investment activity status
    Active investor

    Company type

    Stablecoin with an algorithmic central bank.

    Overview

    Basis is a stable cryptocurrency that is controlled through an algorithmic central bank. The value of Basis tokens are kept stable by expansion and contractions in the supply of Basis tokens similar to the way central banks buy and sell fiscal debt to stabilize purchasing power. Basis is pegged to values such as a fiat currency or a bundle of goods.

    Funding rounds


    Profile Country Notes
    1confirmation Management LLC Venture capital firm that supports exceptional founders fueling the decentralization of the web and society. United States Initial investment. Round participant.


    Profile Country Notes
    Hex Capital Venture capital firm nvesting in early-stage crypto assets and blockchain companies solving challenging technological, social and financial problems. Canada Initial investment. Round participant.

    Current and past shareholders

    Investor Round
    1confirmation logo 1confirmation Management LLC
    Venture capital firm that supports exceptional founders fueling the decentralization of the web and society.
    N/A
    Hex Capital logo Hex Capital
    Venture capital firm nvesting in early-stage crypto assets and blockchain companies solving challenging technological, social and financial problems.
    N/A