Binance Labs-backed Privasea completes new round of strategic financing, with participation from OKX Ventures and others

On April 3rd, it was announced that Privasea, which was early invested by Binance Labs, has completed a new round of strategic financing with participation from OKX Ventures, Laser Digital controlled by Nomura Group, and Tanelabs, which is partially owned by SoftBank. Currently, the project has received two rounds of strategic financing, including a total of $5 million in pre-seed/seed funding. Privasea's AI-driven FHEML solution has attracted attention from the AI and Depin fields as well as the encryption market. By establishing a decentralized computing network, it provides scalable computing resources for AI tasks, which can reduce centralized data processing risks.

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