According to relevant media reports, decentralized storage protocol Walrus secured $140 million in funding on March 20, 2025. The investment round featured participation from leading institutions including Standard Crypto, Andreessen Horowitz, Electric Capital, Karatage, Comma3 Ventures, Franklin Templeton, Lvna Capital, Protagonist, RW3 Ventures, and Raptor Group.Walrus is a decentralized storage and data availability protocol designed for large-scale binary file storage. The project is committed to providing robust and cost-effective storage solutions for unstructured content on decentralized storage nodes, ensuring high availability and reliability even in the presence of Byzantine faults. As a key player in blockchain infrastructure, Walrus’s successful funding reflects the growing market demand for decentralized storage solutions.Following this funding round, Walrus entered a rapid development phase. On March 27, 2025, Walrus officially launched its mainnet, with WAL token trading commencing simultaneously. Subsequently, the project achieved significant progress in network performance optimization, completing network expansion and performance enhancements on October 1, 2025. In terms of ecosystem development, WAL was successfully listed on major exchanges and launched a series of market initiatives, including trading competitions and airdrop incentive programs, further driving community engagement and user growth. These initiatives fully demonstrate Walrus’s innovation and market competitiveness in the decentralized storage sector.