Blockchain development company Coti receives investment from Morningstar Ventures
Morningstar Ventures has announced an investment in blockchain development company Coti. The specific amount has not been disclosed, but the new funds will be used to support the development of its ecosystem and L2 privacy solution. Coti was founded in 2017 and is a payment-centric L1 platform that is currently transitioning to an Ethereum-based L2 privacy solution. COTI V2 introduces smart contracts using Garbled Circuits, promising faster computation and enhanced privacy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Popular Convenience Store ‘Sheetz’ Starts Accepting Crypto
BTC breaks through $69,500
Berkshire Hathaway's cash reserves exceed $300 billion
Trending news
MoreCrypto prices
More
