Octra Labs
First Echo Round

Octra is a Fully Homomorphic Encryption (FHE) Layer-1 blockchain network designed to enable "privacy on demand" for both institutional and regular users. It leverages a unique dual consensus mechanism powered by HFHE and hybridPoUW to deliver private smart contract execution while retaining user data access. The native utility token $OCT powers transactions, encrypted computations, network security, and participation across the ecosystem.

In January 2025, Octra Labs raised $2 million in its first oversubscribed Echo private round, the first of two separate Echo sales that together totalled $4 million in private funding and brought overall raised capital to $8 million with the earlier pre-seed.