14:04
The entity behind the Walrus protocol, Walrus Foundation, has completed a $140 million financing round, with participation from Standard Crypto and a16z.
Walrus Foundation announced that it has raised $140 million in financing, with Standard Crypto as the main investor, and other participants including well-known institutions like a16z and Electric Capital. This financing has valued the total supply of the Walrus protocol's Token $WAL at $2 billion. Mysten Labs developed the Walrus protocol, and its CEO stated that market demand is strong, with the financing taking only three weeks.
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