Blockchain privacy firm Fhenix has acquired Sunscreen, an early-stage developer specializing in fully homomorphic encryption for Web3 applications.
Key Takeaways:
Fhenix has bought cryptographic developer Sunscreen to unite frontier Web3 research under one roof.Since 2022, Sunscreen has pushed FHE to become standard, critical infrastructure across Ethereum networks.Fhenix will deploy a quantum-safe privacy layer across 3 major networks, including Base and Arbitrum.“FHE is entering a new phase,” Guy Zyskind, founder of Fhenix, said in a statement. “The conversation is no longer about whether encrypted computation works. It’s about making it scalable, practical, and available across the ecosystems where developers are building today.”
“I started Sunscreen because I believed advanced cryptography should shift from theoretical to usable,” Solomon said. “What excited me about joining Fhenix is the combination of ambitious research and a clear path to deployment.”
