COTI announces the launch of a $25 million ecosystem growth fund to promote the development of privacy-focused initiatives

ChainCatcher news, the blockchain development company COTI Foundation announced that it will allocate $25 million through its ecosystem fund to promote the development of privacy-focused initiatives.

It is reported that the first recipient of this funding is Soda Labs, a participant in the field of cryptographic multi-party computation (MPC). Soda Labs will lead research efforts to expand the practical applications of the garbled circuits protocol and other multi-party computation (MPC) protocols, ensuring a secure and scalable privacy network for COTI users.