Anchor creator Coral raises $20 million led by FTX Ventures and Jump Crypto

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Anchor creator Coral raises $20 million led by FTX Ventures and Jump Crypto
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Coral, known for creating Solana developer framework Anchor, has raised a $20 million strategic funding round.

Coral, known for creating Solana developer framework Anchor, has raised a $20 million strategic funding round co-led by FTX Ventures and Jump Crypto.

Other participating investors in the round, which closed in May, include Multicoin Capital, Anagram and K5 Global. Coral is set to launch its own wallet product named Backpack. This aims to utilize so-called xNFTs which act as applications that allow users to access decentralized apps and assets across different blockchains.

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