ChainCatcher news, the blockchain development company COTI Foundation announced that it will allocate $25 million through its ecosystem fund to promote the development of privacy-focused initiatives.It is reported that the first recipient of this funding is Soda Labs, a participant in the field of cryptographic multi-party computation (MPC). Soda Labs will lead research efforts to expand the practical applications of the garbled circuits protocol and other multi-party computation (MPC) protocols, ensuring a secure and scalable privacy network for COTI users.

ChainCatcher news, Bitrise Capital announced the establishment of a $50 million Bitcoin ecosystem growth fund. The main strategy of the fund is to invest in projects within the Bitcoin ecosystem that have growth potential, covering both primary and secondary investments, and currently holds top inscription assets such as ORDI and SATS.Bitrise Capital was founded in 2017 and currently manages over $200 million in assets, focusing on venture capital in the blockchain sector, having successfully invested in over 100 blockchain projects. As a professional institution deeply engaged in the blockchain industry and mining field for many years, Bitrise Capital's goal is to provide safe and reliable decentralized + financial services, offering asset management and actively building connections across multiple industry hotspots such as the BTC ecosystem, DeFi ecosystem, Web3 gaming ecosystem, and AI ecosystem.