According to Foresight News, Mind Network, a fully homomorphic encryption (FHE) re-staking layer, has completed a $10 million Pre-A round of financing, with participation from Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures and IBC Group. The funds raised will be used to accelerate the development of its fully homomorphic encryption infrastructure and further consolidate Mind Network's consensus and data security for AI and PoS networks.