Coral App announced today that it has received a strategic investment of US$3 million from TealLink Capital. Teallink will assist Coral’s subsequent technology development and operational growth.
Coral App is a finalist project of Binance Labs’ 4th quarter incubation program. It is a multi-chain fitness, social and data aggregation application in the Metaverse that will soon provide users with a gamified NFT experience. Users can own their data, earn rewards, and participate in community challenges through the Coral App. Coral App’s vision is to use blockchain technology to create a metaverse social and health ecosystem.
TealLink Capital is an investment institution focusing on blockchain and encrypted digital assets. TealLink Capital's support will accelerate Coral App's technology research and development in the metaverse field, while helping it improve its market competitiveness and operational efficiency.