Kraken and ConsenSys Back Staking Platform Kiln in $17 Million Round

Nov 28,2022
KingData News: ConsenSys and the venture arm of crypto exchange Kraken have backed institutional staking platform Kiln in a €17 million ($17.6 million) round. Founder Laszlo Szabo declined to disclose the valuation but said it was a significant valuation jump. Investors: Blockdaemon and Illuminate Financial led the equity round, which closed in October and featured participation from GSR, LeadBlock Partners, Sparkle Ventures, Alven and Blue Yard Capital.
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