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Arcium, a confidential computing project on the blockchain, completes a $5.5 million strategic round of financing, with Coinbase and others participating

2024-05-09 13:13
Odaily News Arcium, an on-chain confidential computing project, announced the completion of a $5.5 million strategic round of financing, led by Greenfield Capital, with participation from Coinbase, Heartcore Capital, Longhash VC, L2 Iterative Ventures, Stake Facilities, Smape Capital and Everstake, as well as well-known angel investors such as Solana co-founder Anatoly Yakovenko and Monad co-founder Keone Han. So far, its total financing has reached $9 million. With the new funds, Arcium plans to provide developers and blockchain applications with a trust-minimized and configurable encrypted computing framework. (Theblock)