Zama Secures $57M Series B to Revolutionize Blockchain Privacy with End-to-End Encryption
Blockchain's privacy problem just got a $57 million Band-Aid—courtesy of Zama's latest funding round. The Paris-based crypto startup is betting big on fully homomorphic encryption (FHE) to finally bring real confidentiality to public ledgers.
Why this matters: Most 'private' blockchain transactions are about as discreet as a Wall Street trader at happy hour. Zama's tech could change that—letting users compute encrypted data without ever decrypting it.
The Series B haul comes as regulators globally tighten screws on crypto privacy tools. Zama's timing looks either brilliantly prescient or dangerously optimistic—depending on which VC you ask after their third martini.
What's next: Expect enterprise adoption first (banks love anything labeled 'encryption'), followed by the inevitable privacy coin integration. Just don't tell the SEC.