Beldex Raises $8 Million to Expand Privacy Infrastructure for Web3 and AI
Seychelles, Seychelles, August 20th, 2026, Chainwire
Beldex, a privacy focused blockchain ecosystem, has raised $8 million in a new funding round to accelerate the development of its privacy infrastructure for Web3 and AI.
The round includes participation from NTC, Nxgen, Digital Consensus Fund, and EAK Ventures, led by Sigma Capital.
The funding comes as Beldex expands beyond its established privacy ecosystem toward infrastructure that developers can use to build private and confidential applications. The company plans to invest across developer tooling, confidential applications, protocol security, AI infrastructure and ecosystem adoption.
Afanddy Bin Hushni, Chairman of Beldex said, “Privacy is becoming an infrastructure requirement, not a feature that can be added at the end. This funding gives us the capacity to move faster across the layers where sensitive information is created and exchanged, including transactions, communication, network activity, identity, and increasingly AI. Our focus is to turn that stack into practical infrastructure that developers, applications, and users can adopt without compromising usability.”
Building on a Live Privacy Ecosystem
Beldex has built a suite of privacy focused products around its Layer 1 network.
The ecosystem includes the Beldex Wallet for private transactions, BChat for encrypted messaging, BelNet for decentralized private networking, Beldex Browser for private browsing and Beldex Name Service (BNS) for human readable names across wallets, messaging and private web applications.
The next phase is focused on making these privacy capabilities easier for developers to use.
Part of the new funding will support the development of the Beldex Extension Wallet, SDKs, account based addresses and other developer tools designed to simplify how applications interact with the Beldex ecosystem.
Beldex is also working on confidential assets and an EVM compatible sidechain, with the aim of giving developers familiar with Ethereum tooling an environment for building applications with privacy capabilities.
Vineet Budki, Managing Director & CEO at Sigma Capital said, “What stood out to me about Beldex is its long-term conviction. While privacy was often treated as a niche, Beldex spent years building it into the infrastructure itself. AI agents and Web3 applications demand greater privacy today, and we believe Beldex is exceptionally well positioned for the next era of Web3. That conviction is why we chose to lead this round.”
Building Privacy Infrastructure for AI
A key focus of the new funding will be privacy infrastructure for AI. As autonomous agents increasingly handle payments, credentials, communications and personal data, Beldex is exploring how its privacy stack can protect these interactions.
Key areas include privacy-preserving agent identities through BNS, encrypted AI-powered communication via BChat, confidential payments, secure AI execution, and research into Fully Homomorphic Encryption and secure memory to protect sensitive data during processing.
Expanding Interoperability and Security
The funding will also support Beldex’s work on interoperability and network security.
The Beldex network supports cross-chain connectivity with Binance Smart Chain and plans to expand interoperability with other blockchain ecosystems. Beldex is also researching a TSS and DKG based cross chain architecture designed to distribute signing authority across multiple participants while also continuing research into quantum safe technologies for transactions and messaging as part of its longer term security roadmap.
Looking Ahead
Beldex will use the new funding to move several initiatives from research and development toward usable infrastructure.
Near term priorities include the Beldex Extension Wallet, SDKs, VRF consensus, account based addresses, confidential assets and an EVM compatible sidechain testnet.
Alongside these initiatives, the team will continue research and development across AI privacy infrastructure, FHE, private smart contracts, interoperability and quantum safe technologies.
The broader goal is to make privacy easier to build across transactions, communication, identity, applications and AI.
About Beldex
Beldex is a privacy-focused decentralized ecosystem building infrastructure for Web3 and AI. Its ecosystem includes BChat for encrypted messaging, BelNet for decentralized private networking, Beldex Browser for private web access, and BNS for decentralized naming.
Powered by a Proof-of-Stake masternode network, Beldex continues to develop privacy-enhancing technologies including private agentic AI, confidential assets (private tokens), privacy-first EVM infrastructure, zero-knowledge systems, and quantum-safe cryptography.