PANews reported on March 5 that according to official news from Coral Finance, the project has completed a $3 million angel round of financing, with investors including Taisu Ventures, Gate Ventures, KuCoin Ventures, Web3Port Fund, Mask Network, Formless Capital, etc. In addition, strategic investors GoPlus Security, UFLY Labs and ecosystem supporter Movement Foundation also participated.

Currently, Coral plans to build a DeFi portfolio solution on the Movement mainnet. Coral Finance mainly builds a pre-market asset trading mechanism to help users trade before the project TGE (token generation event). In the future, Coral will also introduce AI-enabled AlphaVault products to increase revenue and trading opportunities.