Walrus to Launch Quilt Batch Storage Solution on February 20, 2025

According to relevant media reports, Walrus secured $140 million in funding on March 20, 2025. Investors in this round include Standard Crypto, Andreessen Horowitz, Electric Capital, Karatage, Comma3 Ventures, Franklin Templeton, Lvna Capital, Protagonist, RW3 Ventures, Raptor Group, and other prominent institutions.Walrus is a decentralized storage and data availability protocol specifically designed for large binary files ("blobs"). The project aims to provide cost-effective solutions for unstructured content on decentralized storage nodes while ensuring high availability and reliability, even under Byzantine fault tolerance. Amid growing demand for secure and efficient data storage within the current Web3 ecosystem, Walrus addresses a significant market gap and contributes to the advancement of decentralized storage infrastructure.Following this funding round, Walrus has made rapid progress. On March 27, 2025, Walrus officially launched its mainnet, with WAL tokens simultaneously commencing trading. Subsequently, on October 1, 2025, the project team carried out network expansion and performance optimization to further enhance system capacity. On October 9, WAL was listed on the Alpha section of mainstream exchanges, and from October 10 to 24, these exchanges hosted a special WAL trading challenge, further increasing the project's market visibility. Additionally, the project continues to foster ecosystem development, issuing the second phase of airdrops to WAL stakers on August 22 to encourage community participation.