COTI, a privacy protocol for on-chain applications, has expanded access to its Treasury to US users. This milestone opens participation to a key market and paves the way for the Treasury to reach its full potential. The Treasury allows users to deposit COTI and earn rewards, and COTI's privacy technology positions it at the forefront of blockchain adoption.
COTI, a privacy-focused protocol for on-chain applications, has announced a significant milestone by expanding access to its Treasury to U.S. users. This move marks a major step in opening participation to one of the world’s most important crypto markets, thereby paving the way for the Treasury to reach its full potential [2].
The COTI Treasury allows eligible users to deposit $COTI and earn $COTI rewards. This mechanism not only encourages direct participation in the ecosystem but also leverages COTI's groundbreaking privacy technology. Powered by the cryptographic protocol Garbled Circuits and secured by Ethereum, COTI delivers a compliant data protection solution, positioning it at the forefront of privacy technology for blockchain adoption [2].
COTI’s expansion comes amidst a broader trend of increased corporate interest in Ethereum (ETH) as a treasury asset. For instance, BitMine, a leading crypto mining firm, has recently grown its ETH holdings to over 1 million ETH, worth nearly $5 billion, while SharpLink Gaming has boosted its potential dry powder for ETH acquisition to $900 million [1].
Ethereum's price has surged as a result of these corporate acquisitions, nearing its all-time high. Since the emergence of Ethereum treasury firms in early June, they have acquired about 2.4 million ETH, leading to a 60% surge in the top altcoin [1].
This expansion of COTI's Treasury to U.S. users signals a significant step in the evolution of blockchain technology, particularly in the realm of privacy and security. By providing a compliant and secure platform for on-chain applications, COTI is poised to attract a broader base of contributors and users, further enhancing its role in the crypto ecosystem.
References:
[1] https://www.fxstreet.com/cryptocurrencies/news/treasury-purchases-push-ethereum-toward-all-time-high-as-bitmine-holdings-surpass-1-million-eth-202508112005
[2] https://u.today/coti-treasury-now-available-to-us-users
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