Arcana Network Acquired by Avail on August 27, 2025

According to media reports, Arcana Network was acquired by Avail on August 27, 2025. To date, Arcana Network has raised a total of $2.67 million in funding.Arcana Network is an EVM-compatible platform focused on enabling developers to rapidly build privacy-preserving applications. The platform offers developers a dashboard and SDK, allowing for configuration based on specific requirements. Applications integrating the Arcana SDK can provide users with a familiar Web2 login and authentication experience. Users can upload data to the decentralized Arcana Store and retain full ownership of their data, which remains inaccessible to applications or developers. Users have the autonomy to choose whether to share their data with others.In terms of its funding history, Arcana Network secured $370,000 in seed funding in July 2021, followed by a $2.3 million round in October 2021. The acquisition by Avail marks a new phase in Arcana Network’s business development. This merger is expected to combine the strengths and resources of both parties, further advancing the application and development of privacy-preserving technologies in the blockchain sector.