#walruspotocol — is not just another startup, but a flagship infrastructure project from Mysten Labs. It is the same team that created the Sui blockchain and consists of former leading engineers and architects from Meta (Facebook).

The main architects and funding

#Walrus is funded and developed by Mysten Labs. They have raised over $300 million in investments from top venture capital funds around the world. Although formally this money was allocated for the Sui ecosystem, $WAL is an integral part of their decentralized computer strategy.

Key investors in Mysten Labs (and actually @Walrus 🦭/acc #WAL ):

a16z (Andreessen Horowitz) — giants of Silicon Valley.

Binance Labs — the venture arm of the largest cryptocurrency exchange.

Coinbase Ventures.

Jump Crypto.

Circle Ventures (issuer of the USDC stablecoin).