{"id":577507,"date":"2022-09-28T17:26:32","date_gmt":"2022-09-28T16:26:32","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=577507"},"modified":"2022-09-28T17:26:47","modified_gmt":"2022-09-28T16:26:47","slug":"coral-funding-ftx-jump-backpack-xnfts","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/coral-funding-ftx-jump-backpack-xnfts\/","title":{"rendered":"Coral Bags $20 Million Funding From FTX And Jump To Build One-Stop Hub For Web3 Operations"},"content":{"rendered":"\n
Summary:<\/p>\n\n\n\n
Coral, a decentralized infrastructure developer, bagged $20 million in funding to build out executable non-fungible tokens (xNFTs) for the Solana ecosystem. The funding round was led by both FTX ventures, the investment arm of crypto exchange FTX, and digital asset trading firm Jump crypto.<\/p>\n\n\n\n
The new funding is expected to expand Coral\u2019s existing technological development and back the company\u2019s first-ever consumer offering – a crypto wallet called Backpack. Previously, the startup built a Solana development framework known as Anchor.<\/p>\n\n\n\n