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COINOTAG News, citing Crypto Fearless, reports that ChainOpera, an AI-enabled Layer1 project, has closed a financing round exceeding $40 million. The deal terms, post-money valuation, and participating institutions were not disclosed, leaving capital deployment and governance implications to market interpretation.
The COAl token was listed on Binance Alpha on September 25, with early volatility giving way to a rally that pushed the price from a low near $0.13 to a peak around $20 before retreating to roughly $1.50.
Earlier, ChainOpera disclosed a December 2024 seed round of about $17 million, led by Finality Capital, Road Capital, and IDG Capital. Together with the latest round, total funding now surpasses $50 million, underpinning ongoing product and ecosystem development.
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