WAGMI Ventures Joins Nillion's Mission to Build the Future of Computing
November 1st, 2024

We’re thrilled to announce our participation in Nillion's recent $23 million fundraising round, bringing their total funding to over $50 million!

What is Nillion?

Nillion is pioneering humanity's first Blind Computer, a breakthrough technology serving as the internet's privacy layer for sensitive data. As AI continues to shape our lives, secure and private data processing has become critical. Currently, users must choose between maintaining privacy or leveraging advanced AI services—but Nillion offers a new path forward.

With Nillion’s Blind Computation (NBC), sensitive data can remain hidden even while in use—a fundamental capability for AI and emerging technologies. This innovative approach enables:

  • Encrypted, private data processing — data remains private throughout use

  • Full user control — users retain complete ownership of their data

  • Secure computations — data remains hidden, even during computations

  • Onboarding private data on-chain — expanding crypto possibilities for private, secure interactions

This technology unlocks potential across various fields, including:

  • Privacy-preserving AI systems

  • Secure data marketplaces

  • Private DeFi applications

Why We're Investing

Our commitment to Nillion is based on several key factors:

  • Technical innovation — Nillion's Blind Computation scales private computation, a true advancement in privacy-first technology.

  • Ecosystem integration — strategic integrations with NEAR, Aptos, Arbitrum, Mantle, IO.net, and Ritual extend its impact.

  • Developer-friendly — with over 40 active projects, Nillion makes privacy tech accessible to a broad developer base.

Looking Ahead

As privacy-preserving computation grows in demand, Nillion is making this technology practical and secure for real-world applications. At WAGMI Ventures, we’re excited to support Nillion in building essential infrastructure for the future of privacy-first computing.

To learn more about Nillion, visit their website and follow them on Twitter.


Disclaimer: This content is provided for informational purposes only and should not be interpreted as investment, financial, or legal advice. WAGMI Ventures assumes no responsibility for any decisions made based on this information. Please consult a financial advisor for personalized guidance.

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