Walrus Secures $140 Million in Funding on March 20, 2025

According to media reports, the decentralized storage and data availability protocol project Walrus secured $140 million in funding on March 20, 2025. Investors in this round include leading institutions such as 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 specifically for large binary file storage. The project aims to provide users with a robust and cost-effective solution for storing unstructured content on decentralized storage nodes, while ensuring high availability and reliability even in the presence of Byzantine faults. In an era of exponential data growth, the demand for secure and efficient decentralized storage solutions is rising. Through its innovative technology, Walrus offers the industry new approaches to address these challenges.Since the funding round, Walrus has accelerated its development. On March 27, 2025, Walrus officially launched its mainnet and commenced trading of the WAL token. The project subsequently carried out network expansion and performance optimization, and on October 9, listed on major exchanges while launching the WAL Trading Challenge. Additionally, Walrus conducted two phases of airdrop distributions to community users, continuously rewarding user support. These initiatives demonstrate that Walrus is steadily advancing ecosystem development and continuously enhancing the functionality and performance of its decentralized storage network.