HTX Ventures backs BSX to strengthen DeFi on Base
HTX Ventures, the global investment arm linked to the HTX cryptocurrency exchange, has invested in BSX Exchange. The move is intended to reinforce decentralized finance (DeFi) infrastructure being built on Base, a layer created for smoother, more seamless on-chain interactions. The goal is straightforward: help build reliable rails that developers and traders can actually use.
BSX: gaining ground in decentralized trading
BSX Exchange has moved quickly since opening in April. The platform has already supported more than $4.5 billion in trading volume and reported over $1.3 million in revenue. By offering both spot trading and derivatives in one place, BSX serves different trading styles and time horizons, positioning itself to meet a wide range of needs without forcing users to jump between venues.
Future growth and product direction
Backed by a $4 million seed round, BSX plans to broaden its lineup of tools and markets. On the roadmap: a spot aggregator to route orders efficiently, earning products designed for on-chain yield, and a set of staking options. Also planned is a Layer 3 network aimed at optimizing the on-chain BSX order book, with the intent to make matching and execution on BSX’s rails more streamlined for users.
Bringing users in with new experiences
To deepen engagement and attract new traders, BSX intends to roll out a trading game on Telegram as well as an exclusive NFT collection. Edward, Managing Partner at HTX Ventures, underscored BSX’s ability to build on top of the Base ecosystem, which counts 110 million globally verified users. That reach matters; it gives BSX a large, permissionless surface to test, learn, and scale community-driven features.
Building liquidity that institutions can lean on
BSX is focused on strengthening its liquidity foundation so it can serve a broad spectrum of customers, including those connected to traditional finance. Strong liquidity draws order flow; order flow deepens liquidity. HTX Ventures has signaled ongoing support for BSX’s efforts to bring users into Web3, emphasizing collaboration as a practical way to accelerate infrastructure and product development across the blockchain sector.
About BSX Exchange
BSX is a decentralized derivatives trading platform built on Base. It offers perpetuals trading with up to 1000x leverage, alongside an accessible spot market for straightforward buying and selling. The exchange is supported by Blockchain Capital and the Base Ecosystem Fund, and it benefits from guidance by industry figures such as Arthur Hayes—context that helps frame BSX as a serious participant in this market.
About HTX Ventures
HTX Ventures is the global investment arm of HTX. It blends investment, incubation, and in-depth research to back promising teams around the world. Drawing on more than a decade of experience, the group looks for new technologies and emerging business models and then supports them beyond capital with resources and strategic input to help them ship and iterate.
Today, HTX Ventures supports over 300 projects across multiple areas of the blockchain landscape. Select, higher-quality initiatives have gone on to list on the HTX exchange. As one of the leading Fund of Funds (FOF), HTX Ventures also invests in 30 premium global funds and works alongside other established blockchain investment firms to help the broader ecosystem grow.
Frequently Asked Questions
Who is HTX Ventures?
HTX Ventures is the global investment arm of HTX. It identifies and supports blockchain teams through investment, incubation, and research, pairing capital with resources and strategy.
What is BSX Exchange and what does it offer?
BSX is a decentralized trading platform on Base that provides a spot market and perpetuals trading with up to 1000x leverage, serving different trading approaches in one venue.
Why does HTX Ventures’ investment in BSX matter?
The investment is aimed at strengthening DeFi infrastructure on Base and helping BSX expand its products and reach, with an eye toward scalable, on-chain trading.
What’s on BSX’s roadmap?
BSX plans to launch a spot aggregator, earning products, and staking options, plus a Layer 3 network to optimize its on-chain order book, alongside a trading game and an NFT collection for user engagement.
How does HTX Ventures support teams beyond funding?
In addition to financing, HTX Ventures provides strategic guidance, research, resources, and connections—support intended to speed up product development and ecosystem growth.
