[PRESS RELEASE – Grand Cayman, Cayman Islands, October 10th, 2025]
Following a $140 million non-public token sale and its Mainnet launch earlier this 12 months, WAL gives the monetary framework to assist Walrus by way of staking, governance nodes, and cost for knowledge administration.
Walrus, the developer platform that permits customers to manage, confirm, and monetize their knowledge, immediately introduced that WAL, the native token of the platform, is now accessible for buying and selling on Binance Alpha and Binance Spot. The itemizing marks the most recent milestone for Walrus, following its formal community launch earlier this 12 months, notable product launches and technical upgrades, in addition to a bunch of partnerships throughout a number of trade verticals.
“Even earlier than our launch to Mainnet, we understood that Walrus, and by extension the WAL token, would introduce a brand new technology of data-driven companies,” commented Rebecca Simmonds, Managing Government of the Walrus Basis. “Now, a number of months post-launch, it’s unbelievable to see builders constructing actual, monetizable functions and new enterprise fashions on Walrus. Itemizing WAL on Binance marks one other step in that rising momentum.”
Following its Mainnet launch in March, Walrus has established itself as a developer platform enabling knowledge markets for the AI period, making knowledge throughout all industries reliable, safe, and monetizable. Walrus with Seal, the decentralized secrets and techniques administration service launched in early September, transforms knowledge right into a foundational asset for fully new companies and markets, enabling builders to launch revenue-generating functions and customers to obtain compensation for the worth their knowledge creates. Walrus companions are discovering use circumstances in AI, media and leisure, gaming, well being and medical knowledge, infrastructure, DeFi, and extra.
WAL, the native token of Walrus, serves because the platform’s default cost token and an important part of the Walrus ecosystem. By delegated staking, the WAL token underpins Walrus’ safety, permitting customers to stake tokens and take part within the community’s safety verification no matter whether or not they function knowledge administration providers straight. WAL will soon be deflationary, that means that with every transaction, WAL will likely be burned, making the token extra helpful with every knowledge add.
For extra data, customers can go to walrus.xyz.
About Walrus
Walrus is a developer platform enabling knowledge markets for the AI period. Walrus’ preliminary capabilities embrace knowledge storage, availability, programmability, and entry management. From AI brokers to knowledge markets and decentralized finance, Walrus empowers builders, customers, and clever techniques to manage, confirm, and create worth from the world’s knowledge. Initially developed by Mysten Labs, the staff behind Sui, Walrus launched on Mainnet in March 2025. To be taught extra, please go to walrus.xyz.
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