TechFlow reports that confidential computing network Arcium has announced the completion of a $5.5 million strategic funding round led by Greenfield Capital, with participation from Coinbase, Heartcore Capital, Longhash VC, L2 Iterative Ventures, Stake Facilities, Smape Capital and Everstake, as well as prominent angel investors including Solana co-founder Anatoly Yakovenko and Monad co-founder Keone Han.
The network will enable more secure data processing and storage, enhancing privacy protection for transactions and applications. Previously, Arcium developed Elusiv, a zero-knowledge privacy protocol built on Solana.
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