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COTI Selected by ECB to Help Develop Digital Euro Technology

  • COTI was chosen as a pioneer partner by the European Central Bank to contribute privacy technology to the Digital Euro initiative scheduled for 2025.
  • This partnership followed COTI’s prior involvement in the Bank of Israel’s digital shekel trials and the ECB’s plan to launch the digital euro by 2026.
  • COTI will provide an on-chain privacy framework using Soda Labs’ Garbled Circuits to enable conditional payments verifying asset provenance before execution.
  • Following the announcement, COTI’s native token climbed 6% to reach $0.07785, while CEO Shahaf Bar-Geffen expressed pride in the invitation, highlighting it as recognition of the team’s dedication and skill.
  • This collaboration highlights growing institutional interest in privacy for CBDCs and supports the ECB’s aim to secure European monetary sovereignty amid concerns over U.S. Stablecoin policies.
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L'AGEFI broke the news in on Sunday, May 4, 2025.
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