Beldex Secures $8 Million in New Funding
Beldex, a company focused on developing privacy-centric blockchain infrastructure for Web3 applications and artificial intelligence, has successfully raised $8 million in a recent funding round. The round was led by Sigma Capital, with participation from NTC, Nxgen, Digital Consensus Fund, and EAK Ventures.
Strategic Focus on Privacy and Security
The funding will be used to accelerate the development of a unified infrastructure layer that integrates shielded smart contracts and encrypted AI agent identities. Beldex aims to make privacy a core feature of decentralized and AI infrastructure, rather than an afterthought. The company is also investing in research on Fully Homomorphic Encryption and quantum-resistant consensus technologies.
Expanding Cross-Chain Capabilities
Part of the funding will go towards enhancing Beldex's cross-chain capabilities. The company plans to build secure bridges connecting its infrastructure with other networks such as Ethereum, Solana, and Base. This initiative aims to maintain privacy as assets move across different blockchain ecosystems.
Upcoming Developments
Beldex is also working on an EVM-compatible sidechain designed to handle sensitive information while ensuring strong confidentiality protections. In the near term, the company plans to launch the Beldex Extension Wallet and a suite of software development kits to facilitate the integration of advanced privacy technologies into decentralized applications.
Location
The headquarters of Beldex is located in Victoria, N/A, Seychelles.
Conclusion
With this new funding, Beldex is well-positioned to advance its innovative solutions in the realms of privacy and security for Web3 and AI applications. This development marks a significant step forward in their mission to make confidentiality a standard feature across digital transactions and interactions.