Oyl Corporation announced that it has received $3 million in a round of funding led by new investor, Arca Investment Management, LLC on March 7, 2024. The transaction also included participation from several Ethereum NFT funds including new investors, Antalpha Ventures, Foresight Ventures Investments, UTXO Management GP, LLC, Maelstrom, LLC, Flamingo DAO, LLC, Kanosei Ventures, Mask Network, Web3.com Ventures, Public Works, Pulsar-Venture, LLC, Domo, Inc., Borderless, individual investors, Udi Wertheimer, Arthur Hayes and others.