Privacy public blockchain project Beldex announces completion of $8 million new funding round led by Sigma Capital.

TechFlow reports that on August 21, according to Decrypt, privacy public chain project Beldex announced the completion of a new $8 million funding round led by Sigma Capital, with participation from NTC, Nxgen, Digital Consensus Fund, and EAK Ventures. The funds will be directed toward developer tools, confidential applications, protocol security, and AI privacy infrastructure. Beldex's current ecosystem includes products such as the encrypted communication tool BChat, decentralized private network BelNet, a privacy browser, and domain name service BNS. The project also plans to advance development initiatives including an EVM-compatible sidechain testnet, expanded wallet and SDK features, and explore the practical implementation of Fully Homomorphic Encryption (FHE) and quantum-safe technologies.