Zama has raised $57 million in a Series B funding round to bring end-to-end encryption to public blockchains.
The company, specializing in Fully Homomorphic Encryption (FHE) solutions for blockchain, secured backing from prominent U.S. blockchain investors.
Zama's total funding now exceeds $150 million, with a valuation over a billion dollars, supporting upcoming mainnet launch, ecosystem adoption, and research efforts for scalable fintech applications.
Zama's advancements include the launch of a Confidential Blockchain Protocol, enabling developers to build confidential applications with its FHEVM, ensuring confidentiality, speeding up technology, integrating hardware, and enhancing developer usability.