NextBlock invests $3 million in Soda Labs for blockchain privacy

First reported by The Next Web at · Updated · 2 sources

Soda Labs is developing programmable privacy infrastructure for financial institutions operating on public blockchains. According to The Next Web, Luxembourg-based venture capital firm NextBlock financed the entire seed round, backing an approach intended to provide privacy without requiring institutions to move their financial activity onto separate, purpose-built networks.

Covered by 2 publishers within 3 hours of the first report.

Reporting2

The Next Web NextBlock backs Soda Labs with $3M to bring privacy to public blockchains · Vik Shukla
Quartz NextBlock leads $3M funding round for Soda Labs · James Roberts