BlockBeats news, on July 18, the privacy finance protocol AI Cross Matrix (ACM) announced the completion of a $12 million seed round financing, with investors including Asva Capital, Genesis Capital, BuzzBridge Capital (BZB), Avalon Wealth Club, and M2M Capital.
ACM is built on zero-knowledge proofs (ZKP), ring signatures, and AI-based path obfuscation mechanisms, dedicated to achieving decentralized, cross-chain, and untraceable asset transfers, laying the core foundation for Web3's privacy-first financial infrastructure.