COTI

Company Overview

Snapshot

Founded in February 2017 by David Assaraf, COTI operates with 51–200 employees. The company has raised $3.75M across two funding rounds, with Recruit Strategic Partners as an investor. In September 2024, COTI launched its L2 Testnet, demonstrating significant ecosystem support for its privacy solutions.

Business overview

COTI is a Web3 company focused on providing a fast, lightweight privacy layer through its breakthrough cryptographic protocol, Garbled Circuits. The company develops advanced and compliant solutions for data protection on public blockchains, enabling confidential transactions, Artificial Intelligence, DeFi, and decentralized identification. COTI operates within the Fintech & Insurtech sector, serving global markets with products like the COTI V2 Developer Network and the Momentum-X Accelerator.

Strategic signal

COTI is actively expanding its Web3 privacy infrastructure, as evidenced by the launch of its L2 Testnet in September 2024. This development, coupled with strong ecosystem support, signals the company's commitment to delivering affordable and compliant privacy solutions, positioning it for further innovation and adoption in the decentralized space.

Company Intelligence Q&A

What is COTI's primary focus in Web3?

COTI is focused on providing the fastest, lightest privacy layer in Web3, powered by its breakthrough cryptographic protocol, Garbled Circuits. This technology enables advanced and compliant data protection on public blockchains.

When did COTI launch its L2 Testnet?

COTI launched its L2 Testnet in September 2024, which was highlighted for its strong ecosystem support and its role in boosting affordable privacy solutions.

What is the MomentumX Accelerator?

In November 2024, COTI partnered with Poolz to launch the MomentumX Accelerator, an initiative designed to drive privacy-focused Web3 innovation.

What was a significant product launch for COTI in 2024?

In May 2024, COTI launched its V2 Developer Network, marking a new era for high-speed and lightweight blockchain privacy.

What is COTI's involvement with the Bank of Israel?

In November 2024, COTI's privacy-first CBDC (Central Bank Digital Currency) for the Bank of Israel was highlighted as paving the way for a digitized future.