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Ethereum Staking Platform Kiln Raises $17 Million in Funding Round Led by 1kx
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Paris-based Ethereum staking infrastructure provider Kiln has closed a $17 million funding round to expand its institutional-grade offering internationally. The funding will also support more decentralized finance (DeFi) reward models.
The funding round was led by 1kx. Several prominent investors participated in the round, including Crypto.com, IOSG, Wintermute Ventures, KXVC, and LBank. Existing investors, including Kraken Ventures, GSR, and Avon Ventures, also contributed to the funding.
Thrilling start to 2024!
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