PANews reported on March 31 that, according to official sources, the parallel privacy computing project Arcium (formerly known as Elusiv) has completed a $1 million angel round of funding, with investors including Jordi Alexander, JOE McCann, WereMeow, Fedor Holz, and RunnerXBT. Arcium stated that this round of funding brings its total funding to $11 million.

According to the introduction, Arcium is a decentralized confidential computing network that uses distributed architecture and multi-party computation (MPC) to ensure data integrity and confidentiality by processing encrypted data across multiple nodes without exposing the complete dataset.