ACM completes $12 million seed round financing with participation from Asva Capital and other institutions

According to BlockBeats, on July 18th, privacy finance protocol AI Cross Matrix (ACM) announced the completion of a $12 million seed round funding, with five well-known institutions as investors: Asva Capital、Genesis Capital、BuzzBridge Capital（BZB）、Avalon Wealth Club And M2M Capital. ACM is built on top of 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.