The round was led by Sigma Capital, with participation from NTC, Nxgen, Digital Consensus Fund and EAK Ventures. Funds will go toward developer tooling, confidential applications, protocol security, AI infrastructure and ecosystem adoption. Beldex plans an Extension Wallet, SDKs, account-based addresses, confidential assets, VRF consensus and an EVM-compatible sidechain testnet. AI privacy work covers agent identities via BNS, encrypted communication through BChat, and research into Fully Homomorphic Encryption and quantum-safe cryptography. The network already runs BChat, BelNet, a browser and BNS, with cross-chain connectivity to Binance Smart Chain.

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