Kiln News

Enterprise-grade staking platform Kiln announced the closing of a $17 million funding round to help expand its global footprint.

A fundraiser led by Kraken, ConsenSys, sparkle and GSR has raised $17.6 Million in support of Kiln. The money is aimed to increase the market-leading staking infrastructure product range according to the donors.

Since December 2020, Ethereum staking deposits have experienced their highest one-day rise. On Tuesday, more than 200,000 ETH worth $550 million were delivered to the Beacon chain. Ethereum Staking is Increasing Meanwhile, the cryptocurrency market did not react much to…