The confidential computing network Arcium has completed its angel round financing, with a total funding amount of 11 million USD

2025-03-27 21:05:36

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ChainCatcher news, the confidential computing network Arcium has announced the completion of its angel round financing, with investors covering multiple fields, including some community fundraising through echo.

The total financing amount has reached 11 million USD. Investors include Jupiter co-founder Meow, MegaETH founding team member namik, and Jupiter co-founder Siong.

According to the Web3 asset data platform RootData, Arcium is a parallel trusted computing network. It provides developers and applications with a trustless, verifiable, and efficient framework to run trusted computing. Arcium aims to bring trust to every on-chain application and become a global computing network for the decentralized internet. The Multi-Party Computing Execution Environment (MXE) is the pillar of the Arcium network. They combine Multi-Party Computing (MPC), Fully Homomorphic Encryption (FHE), Zero-Knowledge Proofs (ZKP), and more to achieve encrypted computation.

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Arcium investment and financing

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