ChainCatcher news, the Web3 investment firm DNA Fund has announced the acquisition of the investment management company Coral Capital, with the specific acquisition amount undisclosed. This acquisition will bring the assets under management by DNA Fund to over $50 million, which includes Coral's high-yield hedge fund and venture funds focused on DeFi, artificial intelligence, blockchain, and other sectors.DNA Fund stated that DNA and its founders have invested in projects such as Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph, while Coral has invested in Near Protocol and Atmos Labs.

ChainCatcher news, blockchain and AI climate tech company Coral has completed a $3 million Pre-Seed funding round. According to a statement it disclosed, information about the investors and valuation will not be made public at this time. The new funds will enable Coral to open a new office in Abu Dhabi, hire more experts, and improve its AI platform, while also expanding its business and enhancing its blockchain-based carbon emissions management platform, which can achieve "full lifecycle traceability" of carbon credits using a blockchain backend.

ChainCatcher news, CoralApp announced that the online pre-sale of its first Web3 phone, Coral Neural 3, will launch at 8:00 PM Singapore Time on September 19. The pre-sale will be conducted in three rounds, each lasting 16 hours, with a limited quantity of 1000 units. Whitelisted users will have priority purchasing rights. The specific pre-sale schedule is as follows:Round A: September 19, 12:00 PM UTCRound B: September 20, 4:00 AM UTCPublic Round: September 20, 8:00 PM UTCCoral Neural 3 is designed specifically for Web3 users and was founded by a team of North American data scientists, providing a smooth and secure Web3 experience. Users who purchase the Coral Phone will enjoy multiple benefits, including earning points that can be redeemed for Coral Tokens. Additionally, users will receive airdrops from CoralApp's ecosystem partners and support mining rewards.As a project from the 4th batch of Binance Labs Incubator, CoralPhone has developed a revolutionary Coral OS + Mobile Stack, enhancing the mobile infrastructure of the blockchain industry. CoralPhone is not only aimed at the Binance ecosystem or BSC ecosystem, but will initially support EVM-compatible public chains, with plans to expand to Solana, Ton, Polygon, and more, becoming the first multi-chain Web3 phone.

ChainCatcher news, the first online Space between BNB Chain and CoralApp is currently underway at 8 PM Beijing time on September 13. The head of BNB Chain BD is asking questions regarding the CoralApp project that everyone is concerned about in the recent market.During the Space, CoralApp CMO Tobo announced that the first batch of 6,000 CoralPhones has sold out and will announce the start time of the online pre-sale next week. Those on the whitelist will participate in the last batch of early bird CoralPhone purchases. The official final whitelist is currently ongoing, and everyone is welcome to participate actively.CoralPhone is being sold at a price of $699. Users who purchase now will receive airdrops from all early CoralApp ecosystem project partners, just like the first batch of CoralPhone buyers. The airdrop event will start in late September.

ChainCatcher news, CoralApp will co-host a Twitter Space event with BNB Chain officials at 8 PM Beijing time on September 13. The event will invite several industry leaders, including BNB Chain, CoralApp Chief Marketing Officer Tobo, IOTX co-founder and Cambridge University Blockchain founder Adithya, well-known overseas KOL Elja, ChainCatcher, and AC Capital partner Vincent.The event will deeply discuss topics such as BNB Chain's future development plans, concerns regarding CoralPhone, and the current state of the DePIN track. CoralApp will also provide two CoralPhone devices and 1000 USDT as prizes for this event, and everyone is welcome to participate actively.CoralApp is the first multi-chain ecosystem Web3 mobile system incubated by Binance Labs, which will initially support EVM-based public chains like BNB Chain, helping Web3 users better manage on-chain interactions and digital assets.

ChainCatcher news, CoralApp recently announced the official launch of its first BNB ecosystem phone, CoralPhone, which is also the first EVM-compatible smart device. CoralPhone has developed Coral OS + Mobile Stack, optimizing Android OS and smart devices at the core level, and building a smoother Web3 entry for users.It is reported that CoralApp was founded by a team of data scientists from North America and has now launched brand operations and KOL sales channels. Users who purchase CoralPhone will enjoy multiple benefits, including earning points that can be exchanged for CoralToken. In addition, users will also receive airdrops from CoralApp's ecosystem partners and support mining rewards, with over 150 ecosystem partners currently.

ChainCatcher news, the pre-market trading platform Coral Finance has launched the first pre-market points asset QTLX Points, with a maximum price increase of 150% in 24 hours and a TVL growth of 120%.QTLX Points is a points asset from Quantlytica, with a total supply of 3 million. Coral Finance has also partnered with projects such as Orderly Network, Elixir, and Singularity. Users can earn QTLX Points by staking USDC and ETH on Quantlytica, as well as receive additional points rewards from partner projects.Coral Finance is the anticipated market and liquidity expansion center for pre-market assets, utilizing a unique Lock-to-Unlock (L.t.U) model to enable fast trading, attract deep liquidity, and build a flywheel for projects across different chains.

ChainCatcher news, the derivative trading platform Coral Finance based on the Bitcoin Layer 2 project BEVM has announced the launch of the Coralantis full-cycle points task feature.It is reported that this feature is divided into four sections: Port, Epipelagic, Mesopelagic, and Bathyal, covering all-cycle task scenarios for interacting with Coral Finance, and will continue until the mainnet product is launched. Users can earn points by completing section tasks. Points can be used to redeem Coral Finance tokens CORL airdrops and potential BEVM ecosystem benefits. Additionally, inviting friends can earn extra points as a reward bonus.

ChainCatcher news, Coral App today announced that it has received a strategic investment of $3 million from TealLink Capital. TealLink will support Coral's subsequent technology development and operational growth. According to RootData, Coral App is a finalist in Binance Labs' Season 4 incubation program and is a multi-chain fitness, social, and data aggregation application for the metaverse, soon to provide users with a gamified NFT experience. Users can own their data through the Coral App, earn rewards, and participate in community challenges. The vision of Coral App is to leverage blockchain technology to create a metaverse social and health ecosystem.

ChainCatcher news, the DeFi premium trading protocol Coral Finance announced the upcoming launch of its cross-chain trading feature "Cross Swap," allowing users to trade and transfer cross-chain assets through this feature.It is reported that Coral Finance aims to build a one-stop trading experience for participants through "Cross Swap," enabling them to quickly and easily engage in its unique premium pool trading. Previously, Coral Finance announced that the premium pool has entered the development of version 2.0, incorporating multiple innovations such as mobile liquidity deployment and unilateral liquidity pools.

ChainCatcher news, the DeFi premium derivatives trading platform Coral Finance has announced the launch of an airdrop reward decay plan for its key ecological product Tyndall PASS. A total of 1,000 Tyndall PASS will be issued, and for every 100 sold after the 600th Tyndall PASS, the number of airdrop rewards received by holders will be correspondingly reduced.It is reported that Tyndall PASS serves as a certificate for early users to participate in platform construction, and in the future, holders will enjoy multiple platform benefits, including exclusive events, priority participation in features, and premium income sharing. Recently, the official announcement also revealed the 2.0 version of the premium pool, which will enhance users' capital utilization efficiency and experience through mechanisms such as unilateral liquidity pools and APR rebalancing.

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.

ChainCatcher news, Coral Finance will officially launch and have a limited sale of the "Tyndall NFT PASS," with an initial sale quantity of 1000 pieces.As an important component and one of the products of the platform, Tyndall PASS holders can obtain, but are not limited to, airdrops, community benefits, priority participation in events, and various other rights. Tyndall PASS will also provide special incentives for node holders in the Nautilus Chain ecosystem, rewarding users for their active participation in the ecosystem and platform development. After the official launch of Tyndall PASS, users can purchase this product by logging into the Coral Finance official website and entering the dedicated Tyndall PASS page.It is reported that the first Layer3 modular public chain, Nautilus Chain, will officially launch its mainnet soon. As the first premium derivative trading platform of this ecosystem, Coral Finance will engage in deep cooperation with Nautilus Chain's ecological projects, support its long-term development, and actively explore more possibilities in the DeFi field.

ChainCatcher news, according to official sources, the derivatives trading platform Coral Finance has announced a strategic investment from the digital trading platform BiFinance. The new funding will be used for the research and development of financial derivatives. Previously, Coral Finance had received early investments from institutions such as Zebec Labs and Emurgo Ventures.BiFinance is an institutional-level digital asset trading platform based in Hong Kong, leveraging years of brokerage experience in traditional finance to discover high-quality digital asset targets globally through innovative research and investment review standards. In addition to conducting digital asset trading, BiFinance also focuses on investing in high-quality, promising Web3 projects. Currently, BiFinance has obtained a license in Hong Kong, allowing users to trade.Coral Finance is the first DeFi derivatives trading platform on the Nautilus Chain, providing reliable and long-term liquidity solutions for ecological projects through an innovative premium trading protocol, while improving users' capital efficiency to meet the needs of asset appreciation, asset circulation, and risk hedging.Coral Finance recently launched an airdrop incentive program, and specific information will be continuously updated by the official team.

According to ChainCatcher news, the DeFi premium trading mechanism on-chain derivatives trading platform Coral Finance has announced the completion of a $1.5 million investment, led by Zebec Labs, which provides comprehensive ecological incubation support.Coral Finance is the first derivatives trading platform on Nautilus Chain, offering reliable and long-term liquidity solutions for ecological projects through an innovative premium pool, while also improving users' capital efficiency. In the later stages, the platform will focus on asset appreciation, asset circulation, and risk hedging to build a product matrix.It is reported that Nautilus Chain is a modular Layer 3 chain built on Eclipse and Celestia, launched by Zebec Protocol. Investment institutions include several leading investors such as Circle, Coinbase Ventures, Polychain, Shima Capital, Lightspeed Venture, DST Global, and OKX Ventures.

ChainCatcher news, Magic Eden has reached a strategic partnership with the Solana NFT aggregator platform Coral Cube to accelerate the expansion of its ecosystem. Magic Eden stated that Coral Cube has built one of the highest-performing and fastest trading experiences on Solana.Additionally, although Coral Cube is a 0 royalty platform, Magic Eden stated that it will not lower to 0 royalties due to this partnership. (Source link)