- Dubai-based Privix has unveiled what it claims is the world’s first EVM-compatible private blockchain, combining high-speed proof-of-stake consensus.
- Privix has also launched a Web3 incubator offering technical, strategic, and marketing support to privacy-centric startups.
Privix, a Dubai-based software company, has launched what it says is the world's first Ethereum Virtual Machine (EVM)-compatible private blockchain ecosystem.
Launched on July 17, 2025, the new development makes Privix the leader in privacy innovation in the digital asset space, addressing the growing demand for private and secure blockchain solutions.
While Privix's new platform leverages the widely used EVM, it stands out with a robust Proof-of-Stake (PoS) consensus mechanism and proprietary privacy layer.
Without compromising transaction velocity, the architecture claims to ensure every transaction is encrypted and no one can pry, providing users with privacy and protection against surveillance.
Interestingly, Privix reconciles high throughput and anonymity by settling transfers in under three seconds. An entire spectrum of privacy-focused decentralised tools and applications is part of the initial release.
Among them is Nexar, which facilitates exchanges of assets between regulated markets that require KYC and consumers who place a premium on anonymity.
While Xfera offers free, private, and decentralised 10GB storage per user, Pulsar offers untraceable token transfers.
Some other notable products include decentralised exchanges with a focus on privacy for spot and perpetual trading, blockchain-native password managers such as Pass, PrivyMail for encrypted email communication, and Mixion Locker, which ensures computational anonymity for asset storage.
In addition to technological innovation, Privix will fund new projects with its Web3 Launchpad, an incubator for privacy-centric businesses.
By offering technical, strategic, and marketing support, the program aims to foster an ecosystem of online activities that value privacy.
Besides its privacy infrastructure, Privix also has a Launchpad meant to serve as a Web3 startup incubator.
It offers technical support, marketing muscle, and strategic guidance to emerging utility-based businesses so that their founders are able to develop while keeping themselves anonymous.
Privix is a revolutionary blockchain technology built for applications that value anonymity.
Privix provides users and developers with unparalleled secrecy and security via a unique blend of decentralised architecture, EVM compatibility, and a proprietary layer of privacy.
Edited by Annette George
