ChainCatcher news, the parallel trusted computing network Arcium has acquired the core technology and team of the Web2 confidential computing project Inpher, with the specific acquisition amount undisclosed. This acquisition will enable Arcium to accelerate its mainnet launch by leveraging Inpher's confidential machine learning technology and performance improvements.In addition, to promote industry advancement, Arcium is open-sourcing all patents to accelerate the development of global confidential computing.It is reported that Inpher was founded by Professors Jordan Brandt and Dimitar Jechev, and has a history of nearly ten years, having raised over $25 million from investors such as JPMorgan and Swisscom.

ChainCatcher news, the on-chain confidential computing project Arcium announced on X that the Arcium private testnet is now open, and early builders will have the opportunity to lay the foundation for the Arcium network during this phase.According to the introduction, the current four fortress stages are:Fortress of Arcae (AI),Fortress of Deepyne (DePin),Fortress of Guffal (Gaming),Fortress of Defirius (DeFi).Previously, it was reported that Arcium completed a $5.5 million strategic financing round, led by Greenfield Capital.Additionally, 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 Computation Execution Environment (MXE) is the cornerstone of the Arcium network. They combine Multi-Party Computation (MPC), Fully Homomorphic Encryption (FHE), Zero-Knowledge Proofs (ZKP), and more to achieve encrypted computing.

ChainCatcher news, Solana ecosystem zero-knowledge privacy protocol Arcium announced the completion of a $5.5 million strategic financing round, led by Greenfield Capital. Coinbase, Heartcore Capital, Longhash VC, L2 Iterative Ventures, Stake Facilities, Smape Capital, and Everstake, as well as notable angel investors such as Solana co-founder Anatoly Yakovenko and Monad co-founder Keone Han participated in the round.It is reported that Arcium plans to use this round of financing to provide developers and blockchain applications with a trust-minimized and configurable cryptographic computing framework.