<ul data-eligibleForWebStory="true"><li>Zama, a cryptography startup, raises $57 million in funding to build fully homomorphic encryption for blockchain and AI applications.</li><li>The funding round was led by Blockchange Ventures and Pantera Capital, increasing Zama's valuation to over $1 billion.</li><li>Zama launches public testnet for its Confidential Blockchain Protocol (CBP) allowing private communication on Ethereum blockchain.</li><li>Zama's focus on fully homomorphic encryption aims to enable secure computation on encrypted data for various applications like finance, identity, and AI.</li></ul>

Zama raises $57M to build full encryption for public blockchains

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