FTX Ventures, Jump Crypto Lead Funding Round in Executable NFT Wallet Startup

Ftx ventures, jump crypto lead funding round in executable nft wallet startup

CoinDesk published this video item, entitled “FTX Ventures, Jump Crypto Lead Funding Round in Executable NFT Wallet Startup” – below is their description.

Solana-based developer Coral has raised $20 million in a strategic funding round co-led by the venture capital arm of FTX and Jump Crypto. The capital will go toward building out the first flagship product, Backpack, a wallet for executable non-fungible tokens or xNFTs. “The Hash” panel discusses what this means for NFT developments.

CoinDesk YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

Recent from CoinDesk:

Bitcoin Slips After Stronger Than Expected U.S. November Jobs Report

Bitcoin: When Lightning Strikes

The Future of Democracy Hinges on Privacy Rights

In This Story: FTX

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.

1 Recent Items: FTX

CFTC Chairman Suggests ‘Pause’ to Review Senate Bill Following FTX Collapse

In This Story: Solana

Solana is a public blockchain platform. It achieves consensus using proof of stake and proof of history. Its internal cryptocurrency is SOL. Bloomberg considers Solana to be “a potential long-term rival for Ethereum”. Like Ethereum, Solana can run smart contracts.

3 Recent Items: Solana

Solana-Focused Crypto Wallet Phantom Taps Ethereum, Polygon

Solana’s Top Crypto Wallet Looks to Ethereum, Polygon Next; Wrapped Ether Joke Spooks Crypto Twitter

Tim Tebow on Athletes Taking Compensation in Bitcoin, Sports NFTs Outlook

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.