Privacy Blockchain Beldex Raises $8M Led by Sigma Capital

The round is a reminder that privacy infrastructure can still attract dedicated capital even as broader crypto venture activity has cooled, and Sigma Capital's lead suggests a thesis-driven bet rather than a momentum trade. It matters most to builders in the privacy niche, where regulatory scrutiny and exchange delistings have thinned the field. Whether Beldex converts this into shipped ecosystem products, rather than just runway, is the open question.