Binance Will Add Walrus (WAL) on Earn, Buy Crypto, Convert & Margin — Binance announced that WAL will be supported across several of its services including Simple Earn, Buy Crypto, Convert, and Margin trading. This expands how traders can acquire, hold, and trade WAL on one of the world’s largest exchanges, increasing liquidity and user engagement.
1️⃣▪️ Institutional Trust Products Launch
Grayscale Launches WAL Trust on Sui Network — Grayscale, a major institutional crypto investment firm, introduced a WAL trust product alongside another Sui‑ecosystem offering. This move provides institutional investors and accredited entities easier exposure to Walrus via regulated investment vehicles, which can improve market legitimacy and capital inflows.
2️⃣▪️Why This Matters for WAL
Expanded Accessibility: Listing WAL on Binance’s key services makes it simpler for retail and institutional participants to buy or earn the token without needing third‑party exchanges.
Institutional Interest: The introduction of a Grayscale trust signals growing institutional engagement with the Walrus ecosystem, often seen as a positive technical and market adoption indicator.
3️⃣▪️Project Context (Recent Background)
For some broader context on WAL and the Walrus project:
Walrus is a decentralized storage and data availability protocol built on the Sui blockchain, aimed at efficient large‑file storage and data management.
The project raised $140 million in funding from top crypto investors including Standard Crypto and a16z, prior to its mainnet launch in March 2025.
WAL is central to governance, staking, and storage economics within the Walrus ecosystem.
