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Zama Secures $57M & Unicorn Status—Pioneering Fully Homomorphic Encryption Breakthrough
Zama Secures $57M & Unicorn Status—Pioneering Fully Homomorphic Encryption Breakthrough
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Paris-based cryptography startup Zama just cracked the code on two fronts—landing a $57 million Series A and becoming the first FHE-focused unicorn. The crypto world hasn't seen this level of zero-knowledge hype since Monero's privacy promises.
Why Wall Street is sweating
Fully homomorphic encryption lets you compute on encrypted data without decrypting it—basically a middle finger to surveillance capitalism. Banks and hedge funds are scrambling to license Zama's tech before regulators realize they've been monetizing insecurity for decades.
The irony? This privacy moonshot got funded during a bear market while 'reputable' web3 projects collapse weekly. Maybe VCs finally learned that real tech beats vaporware NFTs.
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