Question 1

Who invested in Soda Labs and how much?

Accepted Answer

NextBlock, a Luxembourg-based venture firm focused on cryptography infrastructure, funded the entire $3 million seed round on its own, according to the company's statement.

Question 2

What does Soda Labs' Bubble technology do?

Accepted Answer

Bubble uses garbled-circuit multiparty computation to run calculations on encrypted data, hiding transaction amounts, token types, senders and receivers on public blockchains while still allowing authorized parties to decrypt specific records for compliance.

Question 3

Where is Soda Labs' privacy layer live today?

Accepted Answer

Soda Labs says Bubble is live on Ethereum, Polygon, Arbitrum, Base and COTI, where its technology has processed more than 100 million confidential transactions, with expansion to Solana and other non-EVM networks underway.

Nextblock

Soda Labs raises $3M from NextBlock to put privacy under regulated on-chain money

One sharp brief.
Every day.

Nextblock

Soda Labs raises $3M from NextBlock to put privacy under regulated on-chain money

One sharp brief.Every day.

One sharp brief.
Every day.