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Blockchain development company Coti receives investment from Morningstar Ventures

Morningstar Ventures has announced an investment in blockchain development company Coti. The specific amount has not been disclosed, but the new funds will be used to support the development of its ecosystem and L2 privacy solution. Coti was founded in 2017 and is a payment-centric L1 platform that is currently transitioning to an Ethereum-based L2 privacy solution. COTI V2 introduces smart contracts using Garbled Circuits, promising faster computation and enhanced privacy.

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