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Beldex Introduces Confidential Assets for Privacy-Preserving Tokens on Testnet

Published

6 October 2026

Topic

technology

◆ Sectors

Crypto & Web3

◆ Source

Read at markets.businessinsider.com →

◆ Verified

Fusion42 · 6 October 2026 · Fusion42 review

Beldex, a privacy-first Layer 1 blockchain, introduced Confidential Assets or Privacy Tokens on its testnet via the Proto hard fork, enabling developers to issue tokens with default transaction privacy on the Beldex network. The tokens utilize UTXO-based privacy features and will later support EVM compatibility through a sidechain, complemented by new developer tools like the Beldex Extension Wallet and WebJS SDK.

This Wire brief sits within Fusion42's coverage of Crypto & Web3.

◆ ◆ The Wire takeaway

You have a new route to build truly private token-based apps without retrofitting privacy onto transparent platforms. Start testing confidential tokens on Beldex's testnet now to own first-mover advantage in privacy-first dApps.

◆ Coverage

1 source · 6 Oct 2026

◆ Related on Wire

◆ Topics

Crypto & Web3privacy-tokensblockchainutxotestnetdeveloper-toolsevm-compatibility