• 34ºc, Sunny

Coinbase Ventures invests $1 million in Ampleforth's flatcoin SPOT strategy

Ampleforth protocol developer Fragments announced that Coinbase Ventures has invested $1 million in the Ampleforth Foundation's decentralized low-volatility commodity currency (flatcoin) SPOT strategy. As part of the deal, SPOT is currently available on Ethereum and will soon be launched on Base, in addition to Aerodrome Finance on the Base chain. A new market will be launched on Monday.