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Walrus Protocol is scheduled to debut its mainnet on March 27, 2025.
The Walrus Foundation announced that it had raised $140 million through a private sale of its WAL token.
The Walrus Foundation intends to use the $140 million it raised in March 2025 to advance its decentralized data storage infrastructure and develop apps on top of it.
Walrus Protocol is a decentralized storage solution that optimizes data management for blockchain applications, supporting large files and rich media content.
Standard Crypto led Walrus Protocol’s $140 million funding round, and included contributions from investors such as a16z crypto, Electric Capital, Franklin Templeton Digital Assets, and RW3 Ventures, among others.

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