Catenaa, Monday, December 15, 2025-Octra Labs will hold a public token sale on Sonar by Echo starting December 18, seeking to raise 20 million dollars by selling 10 percent of its OCT token supply at a 200 million dollar valuation.
The sale uses a fixed-price, commitment-style format allowing participants to deposit any amount, with tokens allocated pro rata.
Octra said unsold tokens will be burned, and all purchased tokens will be unlocked shortly after the sale.
The valuation doubles Octra’s previous raise of four million dollars on Echo earlier this year. Early investors hold 18 percent of OCT tokens, Octra Labs retains 15 percent, and 67 percent goes to the community, including early users, validators, and ICO participants. No investor owns more than 3 percent of the supply.
Founded in 2021, Octra has developed its own fully homomorphic encryption technology from scratch, enabling computations on encrypted data without decryption. Its Layer 1 blockchain also functions as a decentralized co-processor for Ethereum and Solana.
The network has processed over 100 million transactions across 1.5 million accounts during testing, with peak throughput of 17,000 transactions per second and zero downtime.
Octra said its testnet will transition to mainnet before the ICO, with an upgrade scheduled for Q1 2026 to add developer tools, programmable privacy, and full Ethereum Virtual Machine compatibility.
The team is based in Switzerland, Dubai, and London, and includes former VK and Telegram engineers.
Funds raised will support post-launch ecosystem development.
Octra said that unlike other privacy-focused tokens, OCT tokens remain encrypted unless buyers choose to decrypt them, with outside observers and node operators unable to access the data.
