The derivatives trading platform Coral Finance has completed a new round of financing, with participation from Momentum Capital

2023-08-30 16:42:41
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ChainCatcher news, the decentralized premium derivatives trading platform Coral Finance has announced the completion of a new round of financing of $500,000, with participation from North American investment firm Momentum Capital. This financing will be used for product iteration and upgrades, overseas market expansion, and community building.

It is reported that this is the second investment Coral Finance has received within a month, following the announcement of investment from Hong Kong digital asset trading platform BiFinance.

Coral Finance provides reliable, long-term liquidity solutions for projects through its innovative premium trading protocol, while improving users' capital efficiency and meeting the needs for asset appreciation, asset circulation, and risk hedging.

Momentum Capital (MT Capital) is a crypto investment firm based in the San Francisco Bay Area, which recently completed its latest round of fund raising led by BM Fund, focusing on discovering and investing in high-value Web3 projects globally.

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