Privacy blockchain Beldex raises $8M in Sigma Capital-led round

Privacy-focused blockchain ecosystem Beldex has raised $8 million in a funding round led by Sigma Capital, according to Decrypt. Participants in the round included NTC, NexGen, Digital Consensus Fund and EAK Ventures. Beldex said it is expanding beyond its existing privacy ecosystem into infrastructure for developers to build confidential applications, and plans to use the funds for developer tools, confidential applications, protocol security, AI infrastructure and ecosystem expansion.