Blockchain infrastructure Coral completes $20 million funding, led by FTX Ventures and Jump Crypto

Chain Catcher news, blockchain infrastructure Coral announced the completion of a $20 million financing, led by FTX Ventures and Jump Crypto, with participation from Multicoin Capital, Anagram, K5 Global, and other strategic investors.

Coral primarily builds the Anchor blockchain development tools and plans to launch an interactive wallet product called Backpack that provides a crypto-native experience through "executable NFTs (xNFTs)." The xNFTs will serve as native applications within Backpack (similar to WeChat mini-programs), allowing users to access on-chain applications, games, or asset portal sites within the wallet. (Source link)