Privacy blockchain project Beldex raises $8 million led by Sigma Capital

Privacy blockchain project Beldex said it has raised $8 million in a funding round led by Sigma Capital, with participation from NTC, Nxgen, Digital Consensus Fund and EAK Ventures, among others. The company said the new capital will be used to build developer tools, privacy-focused applications, protocol security, AI infrastructure and broader ecosystem expansion. Beldex also said it is exploring how its privacy technology can be applied to protect AI agents across identity, payments, communications and data processing. Areas named by the project include private AI identity, encrypted AI communications, confidential payments, secure AI execution, and research tied to fully homomorphic encryption, or FHE, as well as secure memory. The update was cited by Decrypt.