What to know:
- In a turn of events that would make even Jeeves raise an eyebrow, Walrus, the blockchain-based data-storage platform, has managed to raise a staggering $140 million in a private sale of its native token WAL, all thanks to the fine folks at Standard Crypto. Who knew walruses could be so financially savvy? 🦭💸
- With the world drowning in data like a fish in a sea of bytes, Walrus is poised to capitalize on this burgeoning market, particularly with the recent explosion of AI tools. It’s like giving a walrus a tuxedo and sending it to a gala! 🎩🤖
- Notable participants in this financial frolic include A16z crypto, Electric Capital, Franklin Templeton Digital Assets, and RW3 Ventures. Quite the lineup, I must say! 🎉
In a rather splendid announcement, the Walrus protocol has declared that it has indeed raised $140 million in a private sale of its native token, WAL, led by the ever-dapper Standard Crypto. One can only imagine the celebratory fish feasts that followed! 🐟🥳
The mainnet, originally concocted by the clever chaps at Mysten Labs and built on the layer-1 blockchain Sui, is set to make its grand debut on March 27, as the Walrus Foundation cheerfully informed us on this fine Thursday. Mark your calendars, folks! 📅✨
Walrus is all set to ride the wave of the growing market for data storage, particularly as artificial intelligence tools proliferate like rabbits in spring. Who knew data could be so popular? 🐇💻
“By leveraging Sui’s unique architecture, we’re making storing data programmable, interactive, and secure,” declared the Walrus Foundation’s managing executive, Rebecca Simmonds, in a statement that surely had everyone nodding in agreement. Bravo, Rebecca! 👏
The funds from this token sale, which saw participation from the likes of a16z crypto, Electric Capital, Franklin Templeton Digital Assets, and RW3 Ventures, will be used to expand the project’s decentralized data storage protocol and build further applications atop it. It’s a veritable gold rush, and everyone wants a piece of the walrus pie! 🥧💼
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2025-03-20 20:27