PANews reported on September 26 that according to CoinDesk, the blockchain project Fhenix announced the completion of a $7 million seed round of financing, led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, HackVC, TaneLabs and Metaplanet, and other individual investors. Including Tarun Chitra and Robert Leshner of Robot Ventures. Funding from this round will be used to bring the Fhenix network to a public testnet early next year and support ecosystem application development.

According to reports, Fhenix is ​​the first blockchain powered by fully homomorphic encryption. By using fhEVM, Fhenix enables Ethereum developers to seamlessly build encrypted smart contracts and perform data encryption calculations while using Solidity and other familiar and easy-to-use Tool of. FHE provides developers with a technology that protects private data and performs cryptographic calculations. Fhenix modular design facilitates seamless integration of FHE/cryptographic computing in all blockchain data layers, as well as easy deployment of confidential smart contracts on public blockchains.