According to ChainCatcher, codatta announced that it has successfully completed a $2.5 million seed round of financing. This round of financing was led by OKX Ventures, with participation from Comma3 Ventures, Mask Network, OGV, Paramita Venture, Web3Port, CGV, Fibo Partners, CatcherVC, BlockAI Venture, and angel investors from former Coinbase and Pinterest executives. GoPlus and zCloak Network also participated in the strategic investment.

It is reported that the funds will be used to accelerate the development of developer tools, enhance AI capabilities, build decentralized technologies, and increase community participation.

It is understood that codatta is a decentralized data protocol with scientific confidence and aims to build basic data facilities to serve developers and protocols. Previously, codatta's Beta test was launched in April 2024. In addition to 500 million marked addresses, it has attracted millions of address annotation data from users during the testing phase.