[PRESS RELEASE – Lyon, France, January 2nd, 2025]

iExec, a platform to build, own, and monetize digital assets in Web3, announces strategic collaborations with leading venture capital firms and foundations, including CV Labs. As a leader in Decentralized Confidential Computing (DeCC) and a key innovator in the DePIN (Decentralized Physical Infrastructure Networks) space, iExec provides the tools to create privacy-first applications that empower users to retain full control over their data and assets.

Collaborating with Foundations to Empower Builders

In addition to its own iExec Grants Program, which offers tailored support for platform building using its developer tools, iExec actively collaborates with leading foundations to foster innovation in privacy-preserving technologies.

This commitment was exemplified at the Grants Pitch Day during Devcon 2024, an event organized by iExec in partnership with Avalanche Foundation, Polkadot, and Taiko. With up to $500,000 in funding on the table, the event attracted over 260 applications, narrowing down to 16 finalists who pitched live. Each foundation selected its top three projects for fast-track grants, highlighting the collaborative spirit driving the Web3 ecosystem forward.

One standout project selected during the event was Bridge23, a platform that lets you train AI agents while getting rewards for your data usage. This is made possible with the iExec DataProtector developer tool, which encrypts and safeguards data for training AI agents, ensuring user privacy is protected while enabling secure monetization. This showcases how iExec drives innovation in confidential AI, making privacy and data ownership central to AI advancements.

Strengthening the iExec Ecosystem in Partnership with CV Labs

This collaborative approach ties directly into iExec’s strategic partnership with CV Labs and CV VC, the ecosystem-building arm of Switzerland’s blockchain venture capital hub, Crypto Valley. CV Labs plays a pivotal role in driving the global blockchain ecosystem, driving innovation, and positioning blockchain as a transformative for