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Zama Hits $57 Million in Series B Funding to Bring End-to-End Encryption to Public Blockchains

  • 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.

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