ARB
−8.1%Soda Labs secures $3 million to scale public blockchain privacy tech
Image: Crypto BriefingSoda Labs has raised $3 million from Luxembourg-based venture firm NextBlock to fund its full seed round. The startup builds confidential computing infrastructure for public blockchains using garbled circuit multi-party computation. Its Bubble platform enables private transactions, smart contract execution and treasury management on Ethereum, Polygon, Arbitrum, Base and Solana. The technology is already live on COTI mainnet and has processed more than 100 million transactions.
Key points
- Soda Labs raised a $3 million seed round led by Luxembourg-based NextBlock.
- Its privacy technology uses garbled circuit multi-party computation for public blockchains.
- The Bubble platform supports private transactions and smart contracts on Ethereum, Polygon, Arbitrum, Base and Solana.
Why it matters
The technology lets regulated financial institutions use public blockchains without exposing sensitive transaction, balance or counterparty data. It supports use cases including tokenized assets and confidential DeFi operations.
Price context · ETH
At publication
$2,475.06
Now
$2,474.07
Change since
−0.04%
7 days · dashed line = publication
Sources · 2 publishers
Bitcoinist
Tier 2
Soda Labs Raises $3 Million To Bring Private Computation To Public Blockchains
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Bitcoinist
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
