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Coinbase Ventures backs Polkadot Defi Acala, Band Protocol has an Oracle Partnership with Acala.

Coinbase Ventures backs Polkadot Defi Acala, Band Protocol has an Oracle Partnership with Acala.



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  1. tldr; Coinbase Ventures, the investment arm of the San Francisco-based digital currency exchange, has invested in Acala and Karura. Acala is a layer-one blockchain designed to bring full-service DeFi capabilities to Polkadot. Karura is building a DeFi ecosystem on Kusama. The amounts allocated to both projects were not disclosed.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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