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Staking technology provider Kiln raises $17 million in rare crypto funding round


French startup Kiln just raised a $17 million funding round. The company manages crypto staking products for other crypto companies.

Finally, this hands-on approach helps us appear as a legitimate company with strategic partners such as the Ethereum Foundation, which shares our best practices and anti-slashing strategy,” Kiln’s head of marketing Marie Siegrist told me. “Today’s news demonstrates our commitment to growing our enterprise-grade staking platform and we are delighted to be joined by leading digital assets investors who are primed to help us achieve our goals . We have an exciting lineup of products and upcoming expansion plans, including the establishment of an office in Singapore,” Kiln co-founder and CEO Laszlo Szabo said in a statement.

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