The Walrus data storage protocol sells $ 140 million of symbols before the launch of Mainnet

The Walrus Protocol, a Blockchain -based data platform, said it raised $ 140 million in a special sale of its original code, WAL, led by Crypto Standard.

For the first time on March 27, brown on Layer-1 Blockchain Sui, the primary brown of the protocol, developed by mysten Labs and based on Layer-1 Blockchain Sui, on March 27, Al -Fashr Corporation said Thursday.

Walrus plans to take advantage of the growing market to store large quantities of data, especially driven by the spread of artificial intelligence tools (AI) in the past two years.

“By taking advantage of the unique architecture of Sui, we store programmed, interactive and safe data,” said CEO, Rebecca Simmonds, CEO of Walrus Foundation.

Money will be used from the sale of the distinctive symbol, which included the participation of A16z Crypto, Electric Capital and Franklin Templeton Digital Assets and RW3 projects, to expand the decentralized data storage protocol in the project and build more applications over it.