【Blockchain Privacy Infrastructure Soda Labs Completes Seed Round Financing, Technology Roadmap Focuses on General-Purpose Cloud Computing】
According to reports from multiple media outlets including Deepchao TechFlow and Odaily Star Daily, Soda Labs, which focuses on blockchain privacy infrastructure, announced that it has completed a $3 million seed round financing. This round was led by NextBlock, an investor focused on blockchain and programmable cryptography, which fully subscribed to the entire amount raised in this seed round.
Based on publicly disclosed plans, Soda Labs intends to use the funds to expand its programmable privacy infrastructure for public-chain financial activities over the next 12 to 18 months. The specific business directions include advancing commercial deployment, expanding the validator network, and seeking integrated applications with banks, payment institutions, and asset tokenization (RWA) platforms.
On the technical implementation side, over the past two and a half years, Soda Labs has developed an encrypted privacy solution that combines Garbled Circuits (GC) with secure multi-party computation (GC-MPC). The core feature of this approach is that it can be run directly on standard cloud processors without relying on specialized hardware support, while also claiming compatibility with existing public-chain ecosystems.
This financing development indicates that the capital market still shows a degree of interest in lightweight privacy computing solutions that do not require specialized hardware. However, amid increasingly stringent compliance and regulation, the depth of actual integration of such privacy infrastructure within mainstream financial institutions and asset tokenization platforms, as well as the security of its decentralized validator network, still needs to be further tested by the market and over time.
According to reports from multiple media outlets including Deepchao TechFlow and Odaily Star Daily, Soda Labs, which focuses on blockchain privacy infrastructure, announced that it has completed a $3 million seed round financing. This round was led by NextBlock, an investor focused on blockchain and programmable cryptography, which fully subscribed to the entire amount raised in this seed round.
Based on publicly disclosed plans, Soda Labs intends to use the funds to expand its programmable privacy infrastructure for public-chain financial activities over the next 12 to 18 months. The specific business directions include advancing commercial deployment, expanding the validator network, and seeking integrated applications with banks, payment institutions, and asset tokenization (RWA) platforms.
On the technical implementation side, over the past two and a half years, Soda Labs has developed an encrypted privacy solution that combines Garbled Circuits (GC) with secure multi-party computation (GC-MPC). The core feature of this approach is that it can be run directly on standard cloud processors without relying on specialized hardware support, while also claiming compatibility with existing public-chain ecosystems.
This financing development indicates that the capital market still shows a degree of interest in lightweight privacy computing solutions that do not require specialized hardware. However, amid increasingly stringent compliance and regulation, the depth of actual integration of such privacy infrastructure within mainstream financial institutions and asset tokenization platforms, as well as the security of its decentralized validator network, still needs to be further tested by the market and over time.