Arcium's ARX Token Launches on Solana With Massive Backing and a Curious Ethereum Doppelganger

 


The confidential computing space just got its biggest token launch of the summer. Arcium, a Solana-based network that lets applications process encrypted data without exposing it, dropped its $ARX governance token on June 22 through Binance Alpha.

The project pulled in $15 million in funding from investors that include Coinbase Ventures, Heartcore Capital, and Solana co-founder Anatoly Yakovenko. At launch, the fully diluted valuation stretched past $400 million, with roughly 209 million of the 1 billion total tokens entering circulation.

What caught our attention during research was a separate token using the same ARX ticker on Ethereum, hosted at arcium.one instead of the official arcium.com. That token trades at a fraction of a cent with only $26,000 in daily volume, raising questions about whether confused buyers might end up in the wrong place.

Arcium's vesting schedule locks 79% of supply behind a 12-month cliff. No early backer, team member, or validator sees a single token until June 2027. For traders, that means the float stays predictable for the next year.

The full deep-dive into Arcium's on-chain data, holder concentration, developer activity, and the complete vesting breakdown is available at CryptoNewsLive.org. We dug into every wallet, every GitHub commit, and every funding round to get the complete picture.

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