COTI Ecosystem Growth Fund to allocate $25 million to accelerate Ethereum privacy protection

Blockchain development company COTI Foundation announced that it will allocate $25 million through its ecosystem fund to promote privacy-focused Ethereum blockchain development, as well as promote the adoption of COTI V2 and the development of applications within the ecosystem. It is reported that the encryption multi-party computing (MPC) project Soda Labs has received support from the fund to build the privacy tools needed for the next generation of Web3.