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

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

Kiln said the funds 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 product development. more in the near future.

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