Acurast Invests $11 Million to Address Cloud Computing Limitations Using Decentralized Smartphone Networks

Bitget App

Trade smarter

Bitget

News

Markets

Acurast Invests $11 Million to Address Cloud Computing Limitations Using Decentralized Smartphone Networks

Bitget-RWA2025/11/15 22:52

By:Bitget-RWA

- Acurast secured $11M in funding led by CoinList to advance its smartphone-powered decentralized compute network for Web3. - The platform aims to address cloud computing bottlenecks by transforming mobile devices into verifiable processing nodes. - This round highlights growing crypto VC interest in compute networks, with $122M raised across 10 projects in the same week. - Acurast's strategy aligns with trends in utility-driven tokenomics and decentralized infrastructure adoption.

Acurast, a decentralized network focused on verifiable computing, has obtained $11 million in new funding to further its goal of decentralizing Web3 computing by utilizing a worldwide network of smartphones. This funding round, with CoinList, Scytale Digital, and P2O2 at the helm,

increases the company’s total capital raised to $16.4 million

. With this latest investment, Acurast strengthens its position as a significant contender in the expanding crypto venture capital sector, where

startups collectively secured $122.35 million across 10 initiatives

during the week spanning November 9–15, 2025.

This financial boost highlights Acurast’s plan to harness distributed smartphone networks, enabling scalable and verifiable computing solutions. By converting mobile phones into decentralized processing nodes, the platform seeks to overcome limitations of conventional cloud computing, while also improving data security and operational efficiency. The new funds will support global growth and enhancements to its AI-powered infrastructure, as noted in a recent celebratory post from the Acurast team

according to recent reports

Acurast Invests $11 Million to Address Cloud Computing Limitations Using Decentralized Smartphone Networks image 0

This progress reflects broader movements in crypto venture capital, where sectors like AI gaming, computing networks, and encrypted blockchain platforms are drawing substantial attention. Another project, Lighter, during the same funding window,

brought in $68 million, marking the week’s largest single investment

. Smaller funding rounds for ventures such as Bluefin, Curvance, and Shodai Network further demonstrate the industry’s growing diversity.

Acurast’s decentralized computing model is in line with similar efforts within the blockchain industry,

like Astar Network’s latest roadmap

which aims to stabilize its native token by implementing a fixed supply limit and community-driven governance. Both projects indicate a broader move toward utility-focused token models and decentralized infrastructure, responding to the increasing need for scalable Web3 solutions.

The investment climate for crypto startups remains strong despite wider economic uncertainties. Investors are showing greater interest in projects with practical applications in areas such as AI, carbon reduction, and cross-chain technology. For example,

ADM and Tallgrass Energy have recently unveiled

the world’s largest bioethanol carbon capture plant in Nebraska, utilizing CO₂ pipelines to cut emissions. While their focuses differ, these projects share a commitment to leveraging technology for global problem-solving.

Acurast’s achievements also emphasize the value of both geographic and technological diversity. The Generation Essentials Group (TGE), as an example,

grew its hospitality holdings through hotel purchases

in Malaysia and the United States, showing how large enterprises are merging blockchain with traditional sectors. Likewise, Belarus’s initiative to prioritize crypto mining as part of its de-dollarization policy

highlights the geopolitical aspects

of decentralized tech.

Looking ahead, Acurast will contend with established names like Beam Global and new entrants in the computing field.

Beam Global’s latest earnings report stressed

the importance of expanding into new regions and diversifying products to manage market fluctuations, while Kyuzo’s Friends, another AI-powered Web3 initiative,

attracted $11 million for its social gaming venture

. These trends underscore the competitive yet interconnected nature of the crypto industry.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Qian Zhimin, 47, was sentenced to 11 years for orchestrating a $5.6B crypto Ponzi scheme affecting 128,000 Chinese victims. - UK authorities seized 61,000 BTC ($6B) during the case, the largest cryptocurrency seizure in UK history. - Qian fled China in 2017, lived lavishly in the UK for seven years using forged documents before her 2021 arrest. - The case highlights cross-border crypto crime challenges, with global authorities recovering assets linked to Chinese cyberattacks. - Prosecutors face hurdles i

Bitget-RWA•2025/11/16 12:44

Bitcoin News Update: Major Crypto Money Laundering Case Highlights Worldwide Battle Against Digital Financial Crimes

Shutdown-Related Data Shortfalls Lead Fed to Delay Reducing Rates

- U.S. government shutdown ended Nov 12, 2025, but left critical economic data gaps for Fed's December rate decision. - 1.4 million furloughed workers and $11B lost output highlight shutdown's severe economic impact despite mixed private-sector data. - Fed faces delayed/missing jobs reports and CPI data, increasing likelihood of rate cut pause as policymakers emphasize data caution. - Market expectations shifted from 95.5% to 53.6% chance of December cut, reflecting demand for evidence-based monetary polic

Bitget-RWA•2025/11/16 12:44

Shutdown-Related Data Shortfalls Lead Fed to Delay Reducing Rates

AAVE experiences a 14.6% decline over 7 days as large investors make moves and short positions are rebalanced

- AAVE fell 14.6% in 7 days amid whale activity, including a $561M ETH withdrawal from Aave to Binance. - BitMEX co-founder Arthur Hayes sold $4.96M in crypto assets, including 1,630 AAVE tokens, reflecting broader portfolio adjustments. - Whale short positions and leveraged trades highlight risks in DeFi markets, with $125M paper losses and $7M floating profits exposing high-stakes strategies.

Bitget-RWA•2025/11/16 12:34

Bitcoin News Today: Chinese Pensioners Defrauded in £4.6 Billion Cryptocurrency Pyramid Scheme, Mastermind Receives 11-Year Sentence in Historic UK Trial

- UK sentences Qian Zhimin to 11 years for £4.6B crypto Ponzi scheme defrauding 128,000 investors. - Case marks largest UK crypto seizure (61,000 BTC, $5-6B) in history, involving global cross-border investigation. - Victims, mostly Chinese retirees, lost life savings via patriotic-themed scams exploiting false political endorsements. - Sentencing highlights cross-border crypto crime challenges despite international cooperation between UK and Chinese authorities.

Bitget-RWA•2025/11/16 12:24