[PRESS RELEASE – Grand Cayman, Cayman Islands, October 10th, 2025]

Following a successful $140 million private token sale and the launch of its Mainnet earlier this year, WAL is designed to offer a financial framework supporting Walrus, which includes features for staking, governance nodes, and payment for data management.

Walrus, a development platform that allows users to control, verify, and monetize their data, has announced the availability of WAL, its native token, for trading on Binance Alpha and Binance Spot. This listing represents a critical achievement for Walrus after its formal network launch, notable product introductions, technical upgrades, and numerous strategic partnerships across various industries.

“Prior to our Mainnet launch, we recognized that Walrus—and consequently the WAL token—promises to usher in a new era of data-driven businesses,” stated Rebecca Simmonds, Managing Executive of the Walrus Foundation. “Months after our launch, it’s exhilarating to see developers actively creating viable applications and innovative business models within the Walrus ecosystem. The WAL token’s listing on Binance signifies a further advance in this growing momentum.”

Since March’s Mainnet launch, Walrus has established itself as a pivotal developer platform for data markets suited to the AI era, ensuring data from all sectors remains reliable, secure, and can be monetized. The recent launch of Walrus with Seal, a decentralized secrets management tool rolled out in early September, transforms data into a core asset for new businesses and markets, allowing developers to create revenue-generating applications while users can earn for the value their data generates. Walrus partners are discovering applications in AI, media and entertainment, gaming, health care, infrastructure, and DeFi, among others.

WAL functions as the primary payment token for Walrus and is a fundamental aspect of its ecosystem. Through delegated staking, WAL enhances Walrus’ security, enabling users to stake tokens and contribute to network security verification, even if they do not manage data services directly. In the near future, WAL will become deflationary; each transaction will result in WAL tokens being burned, increasing the token’s value with every data upload.

For further details, users can visit walrus.xyz.

About Walrus
Walrus is a development platform that facilitates data markets tailored for the AI era, featuring initial services like data storage, access control, programmability, and availability. It empowers builders, users, and intelligent systems to manage, confirm, and derive value from the world’s data. Founded by Mysten Labs, known for developing Sui, Walrus launched its Mainnet in March 2025. To learn more, please visit walrus.xyz.