ChainCatcher reports that the confidential computing network Arcium has announced the completion of its angel round funding, with investors covering multiple fields, including some community fundraising through echo.
The total funding has reached $11 million. Jupiter co-founders Meow, MegaETH team member namik, Jupiter co-founder Siong and others have participated in the investment.
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 for running trusted computing. Arcium aims to bring trustworthiness to every on-chain application and become the global computing network of the decentralized internet. The Multi-party Execution Environment (MXE) is the cornerstone of the Arcium network. It combines multi-party computation (MPC), fully homomorphic encryption (FHE), zero-knowledge proofs (ZKP), and other technologies to achieve encrypted computing.
