<ul data-eligibleForWebStory="true"><li>Zama raises $57M Series B funding ahead of the launch of the Zama Confidential Blockchain Protocol testnet on July 1.</li><li>The round was co-led by Pantera Capital and Blockchange, with participation from strategic investors focused on privacy tech, blockchain infrastructure, and AI applications.</li><li>Zama aims to introduce a cross-chain confidentiality layer that integrates with existing blockchains to enable confidential smart contracts using advanced encryption like Fully Homomorphic Encryption (FHE).</li><li>With its encryption technology already licensed by numerous blockchain and AI companies, Zama is positioned at the intersection of privacy and Web3, offering privacy solutions for enterprise, DeFi, and AI integrations.</li></ul>

Zama Raises $57M Series B to Launch Confidential Smart Contract Protocol

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