PANews reported on March 31 that according to official news, the parallel privacy computing project Arcium (formerly known as Elusiv) announced the completion of a $1 million angel round of financing, with investors including Jordi Alexander, Joe McCann, WereMeow, Fedor Holz and RunnerXBT. Arcium said that this round of financing brought its total financing to $11 million.

According to reports, Arcium is a decentralized confidential computing network that uses distributed architecture and multi-party computing (MPC) to ensure data integrity and confidentiality by processing encrypted data across multiple nodes without exposing the complete data set.