KANDO id: 575861

Corporate information

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. Initial investment.

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


Investment activity status
Active investor

Past employees

Selected Products / Customers

Financials