Acurast Raises $5.4M on CoinList — Oversubscribed, Community-Powered, and Ready to Scale
Zug, Switzerland, May 28, 2025 — The Acurast Token Sale on CoinList officially concluded on May 22, 2025, after running for one week. The sale was oversubscribed, with thousands of participants from around the globe joining in to support the next era of decentralized compute.The sale raised $5.4 million for 6% of the initial token supply, with the ACU token priced at $0.09, giving Acurast a fully diluted valuation of $90 million, as reported by VentureBeat.
Why it matters
This isn’t just a milestone for Acurast — it’s a clear signal that the global community is ready for a fundamental shift in how compute infrastructure is built. With Acurast, decentralized, confidential, and energy-efficient compute is no longer theoretical — it’s running on smartphones worldwide.
“Most of the newly raised capital will be used to enhance our protocol, which continues proving that compute can be verifiable, confidential, energy-efficient, and truly decentralised — powered by the phones in our pockets.”
— Alessandro De Carli, President of the Board and Co-Founder of Acurast
With over 73,000 smartphones onboarded across 130+ countries, and more than 258 million transactions processed on Acurast’s incentivized testnet, Acurast is operating the most decentralized, verifiable compute network in the world — without the need for traditional data centers.
Momentum during the sale
The oversubscribed token sale coincided with a period of rapid growth and major milestones for Acurast:
- Vibe Code & Deploy launched — enabling AI-generated websites and games deployed instantly to the decentralized network, with over 450 deployments in 24 hours.
- Featured on The Anthony Pompliano Podcast — expanding visibility across the Web3 and investor community
- Solana Mobile integration — allowing Solana Phone users to contribute compute with a few taps
- Staked Compute announced — introducing a novel mechanism that blends Proof of Stake with Quality of Service for compute
- 71,650+ phones onboarded, including 6,650 during the week of the sale
- CoinList Deep Dive In a recent deep dive with CoinList, we highlighted key milestones, technology breakthroughs, and what’s ahead.
- New partnerships and integrations — announced collaborations with Linera, Teneo, Peaq, FLock.io, Hopr, Stacy.fi, Silencio and others, highlighting Acurast’s growing role in the broader DePIN and Web3 ecosystem
Mission: Compute, decentralized
Acurast transforms the smartphones we carry every day into secure, decentralized compute units. By leveraging Trusted Execution Environments (TEEs) and Hardware Security Modules (HSMs) built into modern mobile devices, Acurast delivers verifiable, confidential, and scalable compute — with no reliance on centralized infrastructure.
This is compute designed for:
- Confidential Artificial intelligence
- Web3 infrastructure
- Confidential applications
- Developers building with JavaScript, TypeScript, Node.js, and WASM
What’s next?
With the token sale completed, CoinList will finalize allocations in the coming days. The Token Generation Event (TGE) is scheduled for Q3 2025, marking a major step toward unlocking the full potential of the ACU token.
Upcoming developments include:
- Codename Cargo — modular compute containers for flexible deployments
- Codename Cray — clustered compute to support intensive workloads
- Expanded developer tooling and ecosystem programs
- Deeper integrations across AI, Web3, and DePIN networks
“The ACU token allows anyone to become a contributor in a secure, scalable and decentralized computer economy — incentivising collaboration and sustainable growth.”
— Alessandro De Carli
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