Coral Finance, a popular DeFAI application layer, has partnered with BOOM Foundation, a prominent decentralized AI data ecosystem. The partnership is aimed at utilizing the AI-led data layer of BOOM Foundation to refine the DeFAI engine of Coral Finance. As Coral Finance’s official social media announcement discloses, the collaboration is set to offer more precise consumer profiling as well as real-time AI-led strategies. Hence, the development denotes a landmark move in merging AI innovation and the advancing DeFi network.
The partnership between Coral Finance and BOOM Foundation focuses on the integration of the AI-driven data incentive layer to transform the DeFAI capabilities. In this respect, the raw consumer data of BOOM Foundation will play the fundamental role in enhancing the DeFAI mechanism of Coral. The respective data is derived from financial interactions, social activities, and gaming achievements. With this integration, Coral Finance attempts to develop a relatively intelligent and dynamic AI engine to deliver adaptive and personalized DeFi strategies.
According to Coral Finance, the partnership with BOOM Foundation permits consumers to contribute worthy behavioral data to fuel the comprehensive learning procedure of AI. Along with enhancing the DeFAI engine, the duo also plans to mutually delve into likely use cases for advanced AI agents operating within the decentralized finance sector. While commemorating the respective collaboration, Coral Finance has also announced a $100 giveaway, including $50 in $BOOM and $50 in $CORL.
Additionally, randomly chosen 10 out of the winners will get $10 each. Ultimately, this partnership underscores a key move toward the integration of AI-led data intelligence, setting new benchmarks for more adaptive and smarter DeFi ecosystems.

Legal experts are concerned that transforming ESMA into the “European SEC” may hinder the licensing of crypto and fintech in the region. The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.On Thursday, the Commission published a package proposing to “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties to ESMA, Cointelegraph reported.Concerningly, the ESMA’s jurisdiction would extend to both the supervision and licensing of all European crypto and financial technology (fintech) firms, potentially leading to slower licensing regimes and hindering startup development, according to Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho.Read more

