Paris, Zug, France/Switzerland, June twenty fifth, 2025, Chainwire
Zama Raises $57M in Collection B to Deliver Finish-to-Finish Encryption to Public Blockchains
- With new backing by main U.S. blockchain buyers, Zama turns into the world’s first Totally Homomorphic Encryption (FHE) unicorn.
- Funding coincides with the announcement of the Zama Protocol, which permits confidential functions on any blockchain.
- From July 2025, builders can begin constructing FHE functions on Zama’s public testnet.
Zama, the open-source cryptography firm constructing state-of-the-art Totally Homomorphic Encryption (FHE) options for blockchain, introduced a $57 million Collection B funding spherical co-led by U.S.-based funding corporations Blockchange Ventures and Pantera Capital, bringing Zama’s complete funding to over $150 million, and its valuation to north of a billion USD. The brand new funding will assist Zama’s mainnet launch, ecosystem adoption, and analysis efforts to make monetary functions constructed with FHE scale to hundreds of transactions per second.
The timing of Zama’s announcement displays the accelerating demand inside the finance ecosystem for applied sciences that allow confidential, scalable, and compliant onchain monetary functions.
“With this newest elevate, Zama turns into the world’s first unicorn within the FHE area, which is a serious milestone for the business. Reaching a $1 billion valuation represents a major improve that displays the market’s confidence in our FHE know-how and our staff’s capacity to ship confidentiality to monetary functions onchain” stated Dr Rand Hindi, CEO and co-founder of Zama.
The funding coincides with the announcement of Zama’s Confidential Blockchain Protocol and its public testnet in July 2025, enabling builders to construct confidential functions by means of Zama’s FHEVM, with assist for different EVM chains and Solana to comply with.
Ken Seiff, Co-Managing Companion of Blockchange Ventures, stated: “Not since I first noticed Ethereum in 2014, have I seen an organization commercializing a wholly new know-how that might be as foundational to our international know-how infrastructure. As finance strikes onchain and laws tighten globally, public blockchains are more likely to be the primary beneficiaries of what Zama is constructing. However the alternative goes effectively past that, as industries corresponding to well being care, protection, and just about all others that use cloud computing may massively profit from the stepchange in confidentiality and compliance pioneered by FHE, and particularly, Zama.”
“Zama’s FHE protocol launch is a cryptography milestone. By enabling environment friendly, developer-friendly FHE, Zama unlocks safe, compliant, and verifiable dApps for AI, crypto, and cloud,” stated Paul Veradittakit, Managing Companion at Pantera. “The protocol paves the best way for onchain identification, monetary, and client functions—beforehand out of attain for builders.”
Zama’s FHEVM makes it possible to run confidential smart contracts on encrypted data, guaranteeing each confidentiality and composability. Blockchain-native confidentiality unlocks a number of use circumstances:
- Onchain Finance: Zama permits monetary establishments to securely use public blockchains for a spread of functions, together with confidential stablecoin issuance and funds, asset tokenization, compliance, and extra.
- Confidential Tokens: The flexibility to maintain balances and quantities encrypted onchain permits blockchain corporations to distribute tokens confidentially. Buyers, staff members and different token holders not need to publicly disclose their possession, permitting them to raised handle their portfolio and scale back the danger of being focused by hackers.
- Identification and Proof of Humanity: The flexibility to tell apart between people and AI in onchain functions is important to the safety of onchain finance. With the Zama Protocol, utility builders can confirm whether or not a consumer is human, with out disclosing their identification publicly.
- Network States: Zama permits onchain communities and community states to function confidentially. From foreign money to identification, governance and registries, it now turns into possible to run key infrastructure on public blockchains.
Zama will use the contemporary funding to advance the sphere of FHE and additional commercialize its accessibility to blockchain functions and past. Zama is actively addressing the core challenges which have traditionally held again FHE adoption:
- Pace: At present benchmarks, Zama’s FHE know-how is 100x sooner than when the corporate was based, and is now able to supporting most onchain fee use circumstances. Zama is anticipating its know-how to be 100x extra scalable inside the subsequent 5 years, permitting it to deal with essentially the most demanding onchain functions.
- {Hardware} integration: Utilizing GPUs permits Zama to scale to a whole bunch of transactions per second. Zama is working in direction of a devoted hardware-accelerated chip to advance FHE efficiency, with the final word objective of reaching tens of hundreds of transactions per second.
- Developer usability: Utilizing Zama doesn’t require studying new programming languages. As an alternative, builders can use Solidity and different current languages, and deploy their functions on their most popular chain.
“This spherical additionally underscores a broader shift: confidentiality is not a distinct segment concern—it’s a foundational requirement. The broad adoption of blockchain in finance is driving demand for safe, confidential computing applied sciences,” stated Hindi.
About Zama
Zama is an open-source cryptography firm constructing state-of-the-art FHE options for blockchain. Its know-how permits a broad vary of use circumstances, from confidential finance to Web3 and community states. Zama was based by Dr. Pascal Paillier and Dr. Rand Hindi, and has the biggest analysis staff in homomorphic encryption.
To be taught extra about Zama, customers can go to https://www.zama.ai/.
Contact
PR & Comms Lead
Fabiana Forni
Zama
fabiana.forni@zama.ai
Zama Raises $57M in Series B to Bring End-to-End Encryption to Public Blockchains
