Berachain-based native options protocol IVX completes $1.2 million seed round led by Animoca Ventures

IVX, the native options protocol based on Berachain, completed a seed round financing of $1.2 million on the X platform. Animoca Ventures and AVID3 led the investment, with participation from Big Brain Holdings, Web3Port, Cogitent Ventures, Forbole, SerDAO, Autistic Waterfowl Venture Capital, and a group of angel investors. The valuation data has not been disclosed yet. IVX is built on the Berachain Polaris EVM technology stack and provides zero-day expiry (0DTE) options for encrypted assets in a permissionless and secure manner, with no clearing risk for buyers and allowing users to achieve high leverage with minimal capital. Currently, its IVX Artio testnet is open.