Privacy project Beldex has completed an $8 million funding round, with Sigma Capital leading the investment.

BlockBeats News, August 21st – Privacy-focused blockchain project Beldex has completed an $8 million funding round, led by Sigma Capital with participation from NTC, Nxgen, Digital Consensus Fund, and EAK Ventures. This funding round will be used to accelerate its development of Web3 and AI-focused privacy infrastructure.

As Beldex expands its operations, the company is further extending from its existing privacy ecosystem into the infrastructure space to support developers in building private and confidential applications. The company plans to allocate the funds towards developer tools, privacy applications, protocol security, AI infrastructure, and ecosystem development.