Foresight News reported that the decentralized finance derivatives protocol BSX successfully raised $6.20 million before launching its token. The $4 million seed round financing was led by Blockchain Capital, with an additional $2.20 million seed pre-round financing raised a year ago. Investors in the two rounds include Bankless Ventures, No Limit Holdings, Cadenza Ventures, Breed VC, and Arthur Hayes' family office Maelstrom. Angel investors include Zach Segal, the listing director at Coinbase, Tommy Shaughnessy, the founder of Delphi, and Isaiah Washington, an investor at CoinFund. BSX plans to launch the L3 network in the first quarter of 2025 to optimize the order book and intends to release the BSX token by the end of the year for on-chain governance and value transfer.