The CoinList sale resulted in 14,000 new holders of the token, Covalent said.
The Covalent price is $0.11537, a change of 13.44% over the past 24 hours as of 9:22 p.m. The recent price action in Covalentleft the tokens market capitalization at $70,325,709.08. So far this year, Covalenthas a change of 14.58%. Covalent is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
Covalent will use the funding to launch a decentralized version of its data query network.
The Indian state of Andhra Pradesh announced a partnership with Covalent Fund to kickstart a blockchain ecosystem at its Fintech Valley Vizag.
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