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Privacy Blockchain Project Nillion Raises $25M to Expand 'Blind Computing'

Nillion, a privacy-focused blockchain project, has raised $25 million in a funding round led by Hack VC. The funding round also had backing from Arbitrum, Worldcoin, and Sei. Nillion's service revolves around "blind computing," which allows the processing of data without revealing its contents. The company aims to cater to projects that require secure sharing and storage of large amounts of data at the intersection of blockchain and artificial intelligence (AI). Nillion partners with blockchain networks NEAR, Aptos, Arbitrum, Ritual, and others to create an ecosystem of applications cooperating without revealing sensitive information.

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