Soda Labs Completes $3 Million Seed Round Financing Led by NextBlock

Soda Labs, a blockchain privacy infrastructure company, has completed a $3 million seed round financing led by NextBlock, covering the company's entire fundraising target. Soda Labs focuses on providing programmable privacy infrastructure for financial activities on public blockchains. Over the past two and a half years, the company has developed a cryptographic privacy solution that combines obfuscation circuits and secure multi-party computation, which can run on standard cloud CPUs without the need for specialized hardware, while remaining compatible with existing public blockchain ecosystems.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.