Basis

company

About

Basis is a price-stable cryptocurrency with an algorithmic central bank.

Details

Last Funding Type
Seed
Industries
Cryptocurrency,Financial Services,FinTech
Founded date
Jan 1, 2017
Number Of Employee
1 - 10
Operating Status
Close
Legal Name
Intangible Labs, Inc.
Also Known As
Intangible Labs,Basecoin

Basis protocol is designed to expand and contract supply similarly to the way central banks buy and sell fiscal debt to stabilize purchasing power. For this reason, we refer to Basis as having an algorithmic central bank.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$133M
Basis has raised a total of $133M in funding over 2 rounds. Their latest funding was raised on Apr 18, 2018 from a Initial Coin Offering round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 18, 2018 Initial Coin Offering $133M 29 Detail
Feb 21, 2018 Seed 5 Detail
Oct 16, 2017 Initial Coin Offering 6 Detail
May 5, 2017 Seed 2 Detail

Employee Profiles

Number of Employee Profiles
1
Basis has 1 current employee profiles, including Employee Lucas Chua
Employee