TechFlow News — Coral, a blockchain wallet development company focused on "xNFTs," has announced a $20 million funding round led by FTX Ventures and Jump Crypto, with participation from Multicoin Capital, Anagram, K5 Global, and several other strategic investors.
Coral is best known for building Anchor, a blockchain development toolkit. The company plans to use the funds to accelerate product development and launch its flagship blockchain wallet, Backpack, featuring "executable NFTs" (xNFTs). These xNFTs will function as native applications within Backpack—similar to mini-programs in WeChat—allowing users to access decentralized applications, games, or asset portals directly from their wallet.Original link
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