On Wednesday, the Secret Network announced via X that it has partnered with Arbitrum, one of the largest, most active ecosystems in Ethereum.
The partnership will ensure deep liquidity, tooling, wallet and exchange support, and thousands of builders composing with one another, available from day one.
Arbitrum has welcomed Secret and is ready to support the migration and SCRT's growth.
On September 1, 2026, a one-time snapshot of SCRT balances will be taken, and a new ERC-20 SCRT will be issued on Arbitrum. After the migration, SCRT Labs will officially stop maintaining the Secret Network and will release all the code under a permissive license.
Secret Network is an interoperable blockchain infrastructure that aims to enable computational privacy for general-purpose smart contracts. Secret Network is a layer-1 blockchain built on Cosmos, which uses TEE technology to ensure all input, output, and state are encrypted by default. This hardware approach is the fastest and most efficient form of confidential computing. Its smart contracts are called Secret Contracts and allow decentralized applications to use private data on Secret, similar to how smart contracts operate on other blockchains. However, Secret Contracts are private by default.
Additionally, Secret Network has launched the Secret AI SDK, which uses TEE-enabled GPU hardware, integrated with the L1 blockchain, unlocking privacy-preserving decentralized AI. Secret AI allows for end-to-end encrypted LLM models and AI agents, unlocking private chatbots, DeFAI agents, proprietary AI business models, and more.
Through interoperability via the Cosmos Inter-Blockchain Communications standard and further integrations of Secret’s Confidential Computing Layer, it unlocks privacy-preserving smart contracts for public blockchains, including Ethereum, major EVM networks, and Solana. Making Secret Network the confidential computing hub of web3 and AI. SCRT is trading at $0.03718, down 3.3% in the last 24 hours.
Hassan Maishera