Crypto firm Zama raises $57 million in Series B funding

Zama is a leading encryption company that provides fully homomorphic encryption (FHE) for blockchain. The company stated that it raised $57 million in a Series B financing round led by Blockchange Ventures and Pantera Capital.

The team stated that this financing will bring Zama's total capital raised to over $150 million, with a valuation exceeding $1 billion, making the company the first unicorn company to participate in FHE.

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Crypto firm Zama raises $57 million in Series B funding

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Recommended for you

BTC breaks $90,000

The US spot Bitcoin ETF saw a net inflow of $54.8 million yesterday.

The US spot Ethereum ETF saw a net outflow of $75.2 million yesterday.

Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

Bank of America: Markets will soon digest expectations of a Fed rate cut in January.

He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

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