Fhenix attracts a $15M investment and introduces a privacy-first L2 testnet
Fhenix, the pioneering Layer 2 blockchain leveraging Fully Homomorphic Encryption (FHE), has successfully closed a $15 million Series A funding round, as per the newest updates shared with Finbold on June 5. Led by Hack VC and supported by investors such as Dao5, Amber Group, Primitive, GSR, Collider, and Stake Capital, the funding brings Fhenix’s total funding to $22 million. The capital will be channeled toward Fhenix’s new open testnet , Helium, which will allow developers to deploy smart contracts on the Fhenix network for the first time. Picks for you Binance announces inaugural Binance World Championship, with over $4 million in rewards 8 hours ago Bitcoin could trigger a stock market boom similar to the 1980s, says vetera...