Blockchain Gaming
Nillion Network Secures $25M in Funding for Decentralized Privacy Platform
Wednesday. October 30 at 4:00 PM
1 min. readThe Nillion network has recently raised $25 million in a new funding round to support its decentralized privacy platform, which includes an optional blockchain feature. This funding round, led by Hack VC on Oct. 30, marks the network's second fundraising effort this year. Other investors include Distributed Global, Hashkey, Ansem, Arthur Hayes, Meltem Demirors, and industry leaders from Worldcoin, Injective, and Sei. With a total of over $50 million raised, Nillion boasts the world's first Blind Computer and a diverse ecosystem of over 40 builders on Cosmos. Clients utilize Nillion for private data storage, quantum secure messaging, encrypted trading platforms, and more. Nillion's CEO, Alex Page, revealed that their technology can function without a blockchain and offers products like the Nil Message Compute and Nada AI developer toolkit. The company has also graduated from Beacon's Web3 accelerator and integrated with the Aptos network in August 2024.