Mind Network builds an FHE layer that enables encrypted computation and consensus for AI and PoS networks. Its flagship product, MindV, provides an FHE voting solution and a "shared private state" to compute directly on encrypted data. MindV introduces Total Governance Value (TGV) and vFHE to decouple staking assets from voting rights, allowing holders of staked assets to obtain vFHE and participate in FHE voting. The layer accepts restaking tokens from ETH, BTC, and AI bluechips and operates as an FHE validation network for Decentralized AI, DePIN, EigenLayer, Symbiotic, Babylon AVS, and other PoS networks. Mind Network announced a $10M Pre-A on September 26, 2024 to accelerate development of its FHE infrastructure and expand security for AI and PoS ecosystems. The company plans to integrate additional staking protocols and continue releasing supporting infrastructure, with initial TGV partners including Puffer, Etherfi, Mellow, Manta Network, Stakestone, Solv, Bouncebit, Swell, and Pencils.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2024