Fhenix Launches CoFHE on Ethereum and Arbitrum for Confidential Smart Contracts

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Fhenix launches CoFHE on Ethereum and Arbitrum. Its dual-mode tokens support public and confidential activity, with integration and trust tradeoffs.
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**TL;DR** - Fhenix says its CoFHE encrypted computation coprocessor is in production on Ethereum and Arbitrum, with Fluton and Alpha Engine named as launch design partners. - CoFHE performs calculations on encrypted data offchain, allowing applications to process confidential financial inputs while retaining their host-chain contracts. - Compatible dual-mode tokens support public and confidential balances at one contract address. Confidential activity requires integrated applications, and returning to public mode involves an asynchronous withdrawal process. - Balances and transfer amounts can remain confidential, while addresses, transaction timing and some disclosures between modes remain observable. - Fhenix reports a Consensys Diligence audit. Institutions will still need to assess the reviewed components, deployed versions, access permissions and infrastructure trust assumptions. - The company plans three additional applications in Q4 and two institutional partnership announcements. Its confidential stablecoin work with Tandem remains a development plan.