Ethereum staking platform Kiln has secured $17 million in funding through a recent funding round, according to a press release. The round was led by 1kx and saw participation from IOSG, Crypto.com, Wintermute Ventures, KXVC, and LBank. Additionally, existing investors also made further contributions. This latest funding round serves as an extension of Kiln's Series A, which raised $17.6 million in November 2022. The funds raised will support Kiln's global expansion plans, including the establishment of an Asia-Pacific headquarters in Singapore during the first quarter of the year. Kiln aims to democratize value creation by providing users with easy access to rewards through its platform. Since its launch, Kiln has raised a total of $35 million from investors, including Illuminate Financial, Kraken Ventures, Avon Ventures, Consensys, and GSR. Read more AI-generated news on: https://app.chaingpt.org/news