Walrus Foundation, Entity Behind Walrus Agreement, Completes $140 million Funding
Walrus Foundation, the entity behind the Walrus Agreement, completed a $140 million financing round through the sale of its cryptocurrency $WAL, led by Standard Crypto. Other investments include a16z, Electric Capital, and Franklin Templeton Digital Assets. The sale values the total supply of Walrus Agreement cryptocurrency at $2 billion. The project will build a decentralized storage network.