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, according to The Block, San Francisco-based Momentum Capital has received a $10 million investment from the Canadian BM Fund. This investment was finalized in July 2023. The injected funds will be used to expand the team and support early-stage Web 3 projects to help the fund in its search for the "next 'Apple' in cryptocurrency."

ChainCatcher news, the crypto-native fund Momentum Captial headquartered in San Francisco announced a $10 million investment from Canada's BM Fund, completed in July this year.It is reported that members of the Momentum Captial team have successfully invested in projects such as Polkadot, ZkSwap, Flow, and MakerDAO. (source link)