ARPA Network Raises $6M in Funding

ARPA Network

ARPA Network, a Singapore-based company which specializes in decentralized secure computation, raised $6M in funding.

Lead investors included Nomura’s Laser Digital and DeFiance Capital, with participation from Animoca Ventures, Metrics Ventures, ArkStream Capital, and Trinito.

The company intends to use the funds to support product expansion in fully on-chain gaming, Autonomous Worlds (AW), and cryptographic AI.

ARPA Network (ARPA) provides a decentralized secure computation network built to improve the fairness, security, and privacy of blockchains. Its threshold BLS signature network serves as the infrastructure of verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody across multiple blockchains.

ARPA is also backed by Binance Labs, Arrington Capital, DWF, and several other funds.

FinSMEs

31/05/2024