TechFlow news: Base, the Layer 2 network launched by Coinbase, officially announced that its ecosystem fund, the Base Ecosystem Fund, has completed investments in six projects:
Avantis, a synthetic derivatives protocol powered by oracles; BSX, a decentralized limit order book; Onboard, an on-chain self-custody service; OpenCover, an L2 insurance aggregator partnering with underwriters such as Nexus Mutual; Paragraph, an on-chain creator platform; and Truflation, an on-chain financial oracle.
Base has not disclosed the specific investment amounts for these projects but stated it will collaborate with the respective teams to advance the development of the Base ecosystem and bring more builders and users on-chain.
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