Data Storage Protocol Walrus Raises $140M in Token Sale Ahead of Mainnet Launch

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Description

The Walrus protocol, a blockchain-based data storage platform, said it raised $140 million in a private sale of its native token, WAL, led by Standard Crypto.

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Article

Authors

Jamie Crawley

Publish date

12:00am, Thursday, March 20, 2025

Publisher

CoinDesk

Web URL

https://www.coindesk.com/business/2025/03/20/data-storage-protocol-walrus-raises-usd140m-in-token-sale-ahead-of-mainnet-launch

Referenced by

Walrus... raised $140 million in a private sale of its native token WAL led by Standard Crypto. A16z crypto, Electric Capital, Franklin Templeton Digital Assets and RW3 Ventures participated.

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Walrus Foundation raised $140 million from a private token sale

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News story

The mainnet of the protocol... will launch on March 27, the Walrus Foundation said Thursday.

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Referenced by

Walrus... raised $140 million in a private sale of its native token WAL led by Standard Crypto. A16z crypto, Electric Capital, Franklin Templeton Digital Assets and RW3 Ventures participated.

Walrus Foundation raised $140 million from a private token sale

The mainnet of the protocol... will launch on March 27, the Walrus Foundation said Thursday.