Crypto company Zama completes $57 million Series B financing, led by Blockchange Ventures and Pantera Capital

Odaily Planet Daily News: Zama, a crypto company that provides fully homomorphic encryption (FHE) for blockchain, announced the completion of a $57 million Series B financing round, led by Blockchange Ventures and Pantera Capital. This financing will bring Zama's total financing to more than $150 million, with a valuation of more than $1 billion, joining the "unicorn club". The Zama protocol allows developers to build encrypted decentralized applications (dapps) without deep cryptographic expertise, with a wide range of use cases, from confidential stablecoin issuance and asset tokenization, to private identity authentication and governance under network status. (CoinDesk)