CoinVoice has recently learned that according to theblock, Ethereum L2 Fhenix announced the completion of a $15 million Series A financing round, led by Hack VC, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures and Stake Capital. As of now, the company’s total financing has reached $22 million. It is reported that Fhenix announced the launch of its open test network, named Helium (originally planned to be named Renaissance), which allows developers to deploy "confidential" smart contracts on the Fhenix Layer 2 network.
According to RootData, a Web3 asset data platform, Fhenix is the first blockchain powered by fully homomorphic encryption. By using fhEVM, Fhenix enables Ethereum developers to seamlessly build encrypted smart contracts and perform data encryption calculations while using Solidity and other familiar and easy-to-use tools. [Original link]
