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Kraken and ConsenSys Back Staking Platform Kiln in $17 Million Round

ConsenSys and the venture arm of crypto exchange Kraken have backed institutional staking platform Kiln in a €17 million ($17.6 million) round. Blockdaemon and Illuminate Financial led the equity round, which closed in October and featured participation from GSR, LeadBlock Partners, Sparkle Ventures, Alven and Blue Yard Capital. 

(By Tom Matsuda)

Kraken Crypto
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