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Fhenix, an innovative Layer 2 blockchain with a focus on confidentiality, has raised $15 million in a Series A funding round. The funds will support the launch of Fhenix’s open testnet, called Helium, allowing developers to deploy smart contracts on the network. Fhenix is the first blockchain to integrate fully homomorphic encryption (FHE), providing an EVM-compatible smart contract platform that enables developers to encrypt parts or all of their Solidity-based applications without needing to learn FHE.