Exclusive: Walrus Foundation raises $140 million from Standard Crypto and a16z for a high speed storage network

Blockchain networks that host files aren’t new. Filecoin, Arweave, and a handful of others promise a Google Cloud-like product, where users can store and retrieve gigabytes of information. Now, though, a project called the Walrus protocol believes it can build a superior version of these decentralized storage networks—and some prominent investors are betting they're right.

On Thursday, Walrus Foundation, one of the core entities behind the protocol, announced that it had raised $140...