Fhenix completes US$7 million in seed round financing, led by Multicoin Capital and Collider Ventures

Odaily News Fhenix, the first confidential blockchain powered by fully homomorphic encryption (FHE), announced that it has received $7 million in seed round financing led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, HackVC, TaneLabs and Metaplanet , other individual investors include Tarun Chitra and Robert Leshner of Robot Ventures. Funding from this round will be used to bring the Fhenix network to a public testnet early next year and support ecosystem application development. (CoinDesk)