Paris-based Kiln, a company that makes enterprise-grade staking easy, announced on Monday that it has raised €17M in a fresh round of funding to expand its staking infrastructure product range.
Kiln, which has more than $500M in AUM, received funding from Illuminate Financial with support from a number of top cryptocurrency investment firms, including Consensys, GSR, Kraken Ventures, Leadblock Partners, Sparkle Ventures, and XBTO. Existing investors 3KVC, Blue Yard Capital, SV Angel, and Alven also participated in this round.