🎯 Ethereum staking platform Kiln has closed a funding round worth USD 17 million, the company said in a Nov. 19 press release.



The round was led by 1kx, with participation from iOSG, Wintermute Ventures, KXVC and LBank,... The Paris-based company said it also included additional contributions from existing investors.

Kiln said the money raised will be used to fund the company's global expansion, including the opening of its Asia-Pacific headquarters in Singapore in the first quarter, as well as further product development in the near term.

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