Acurast has raised $5.4 million to make use of smartphones to energy a world decentralized cloud computing community.
The corporate raised the cash in a group led funding spherical by premier cryptocurrency
launchpad CoinList. The sale concluded on Could 22, 2025, with Acurast’s ACU token priced at 9 cents, leading to a totally diluted valuation of $90 million.
“Many of the newly raised capital shall be used to reinforce our protocol, which continues proving that compute could be verifiable, confidential, energy-efficient, and actually decentralised, powered by the telephones
in our pockets,” stated Alessandro De Carli, president of the board and cofounder of Acurast, in an announcement.

Acurast allows customers to take part in confidential compute duties, decentralized AI, and blockchain infrastructure, all whereas incomes rewards by leveraging the processing energy of smartphones. The protocol
transforms on a regular basis telephones into safe, decentralized compute nodes, powering a world community
spanning over 130 international locations.
Acurast has onboarded over 72,000 smartphones, or “compute models,” worldwide onto its decentralized
testnet with over 256 million transactions, making it essentially the most decentralized and verifiable compute
community obtainable at present, eliminating the necessity for centralized information facilities.
Acurast makes use of Trusted Execution Environments (TEEs) and {Hardware} Safety Modules (HSMs) of the cellphones to make sure safe and scalable compute, whereas sustaining confidentiality with out requiring belief within the machine proprietor.
“The ACU token lies on the coronary heart of this financial system. Acurast permits anybody and everybody to run compute
with their cellphones, offering actual decentralisation, and change into stakeholders within the community
powering a safe, scalable and decentralised pc financial system whereas incentivising lively
collaboration and sustainable development,” stated De Carli.
Over 300 web sites and video games had been created on Acurast within the final 24 hours utilizing only a immediate with Vibe Code and Deploy — dwell immediately on a decentralized community powered by telephones.
Acurast’s high-performance Proof of Stake blockchain orchestrates world demand and provide for safe decentralized compute, with out centralized information facilities. This chain verifies real {hardware} on-chain with Smartphone manufacture attestations and anchors confidential workloads, making certain trustless and verifiable execution throughout billions of smartphones. Acurast’s Android and iOS apps supply end-to-end checks of every telephone’s safe parts, delivering unstoppable trustless compute at scale.

Acurast delivers a next-generation decentralized confidential compute platform, purpose-built for the calls for of web3, AI, and past. Builders can seamlessly deploy and scale JavaScript, TypeScript,
Node.js, and WASM workloads by way of a easy CLI, with entry to hundreds of NPM packages and deep integration throughout main ecosystems.
Centered on openness, composability, and decentralization, Acurast kinds the foundational layer for the decentralized compute financial system, unlocking mass adoption and enabling unprecedented innovation for web3 and past.
ACU tokens have a complete provide of 1,000,000,000 tokens at genesis with the token utility being round community charges, settlement layers, staking and governance.