Hassan Shittu Last updated: January 17, 2024 22:05 EST | 3 min read 
Source: Adobe 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!
