Decentralized computing network Acurast completes $5.4 million in financing

Odaily News The decentralized computing network Acurast successfully raised $5.4 million in a community-led financing round led by the cryptocurrency startup platform CoinList, with a valuation of $90 million. The new funds will be used to strengthen the protocol and utilize trusted execution environments (TEEs) and hardware security modules (HSMs) to ensure secure and scalable computing while maintaining confidentiality without having to trust device owners, to meet the next generation of decentralized confidential computing needs in Web3, AI and other fields.