Standard Crypto leads an increase of $ 140 million for the Molrus Foundation

The standard CRIPTO has supported an increase of $ 140 million for the Orrous Foundation, an organization that wants to build a highly scalable decentralized storage solution on Sui.

Walrus protocol is currently a block storage platform in testnet. By the details in a announcementFunding with private sales tokens will help the Foundation in Valrus scales the data storage network on SUI (Sui).

“This investment is a significant turning point to redefine decentralized storage. Using a single architecture of Sui, we make storage data that can be programmed, interactive and safe,” Rebecca Simmonds, in the statement.

Valrus plans to use the growing demand for programmable market storage, which can now be followed after this capital injection, Simmonds added.

Platfort Soi, which developed Misten Labs, gets towing as developers and projects touch their solution to manage chain data and out the chain. Each application can use the Molrus to publish, reads and program data files, using smart contracts based

Combining storage, availability and decentralized computation means that users have access to a solution that extends greatly on which offers for inherited storage solutions.

According to the Valrus team, storage goes beyond storage – it is about being “dynamic, securable and programmed.” The use of artificial intelligence, the history of blockages and rich media are all played with Molrus.

The standard crypto co-founder and General Manager Adam Goldberg said in the comment:

“We have been the supports of the Misten Laboratory from the very beginning and, inspired by their ability to transform the breakthrough of research into breakthrough products, we are delighted to deepen our partnership through a new investment in Molrus.”

The increase of 140 million dollars attracted several capital companies of Crupto Venture, including A16Z Cripto, Electric Capital, Franklin Templeton digital property and comma.

Like funding news, the Foundation for Agriculture found that Marrus Protocol was placed at Live 27. March 2025. March 2025