zama

Zama has acquired KKRT Labs, also known as Kakarot, to improve blockchain privacy and has partnered with LayerZero. This acquisition combines Zama's Fully Homomorphic Encryption (FHE) with Kakarot's Zero-Knowledge (ZK) rollup skills to achieve over 10,000 confidential transactions per second (TPS) on public blockchains. The collaboration with LayerZero incorporates Zama's privacy technology into LayerZero's interoperability protocol. It uses a Multi-Party Computation (MPC) operator to secure confidential computations across different blockchains.

Zama and Kakarot integration:
Kakarot's team and ZK rollup skills will join Zama to speed up the Zama protocol's capabilities. The goal is to enable confidential on-chain finance with high throughput and low latency on public blockchains like Ethereum and Solana. This acquisition received support from investors such as Vitalik Buterin and Starkware, who had previously invested in Kakarot.

Zama and LayerZero partnership:
LayerZero will serve as a "genesis operator" for Zama, helping to secure the cryptographic core of the Zama protocol. This integration blends privacy from Zama with interoperability from LayerZero, allowing confidential transactions to be validated and secured across multiple blockchains. This partnership takes advantage of LayerZero's large cross-chain network, which moves hundreds of billions in assets each year.

Impact on blockchain privacy:
Zama's technology uses Fully Homomorphic Encryption (FHE), allowing computations on encrypted data without ever decrypting it. This ensures end-to-end privacy for transactions and smart contracts. The merger with Kakarot and partnership with LayerZero aim to tackle key challenges in blockchain adoption, including privacy, scalability, and interoperability. This move is expected to create more opportunities for use cases that need confidentiality, such as private payments, DeFi, and on-chain identity.
#Zama #blcokchain

Zama is a cryptography company focused on fully homomorphic encryption (FHE) technology, dedicated to providing privacy protection solutions for the blockchain and artificial intelligence fields. As of June 2025, Zama has completed two rounds of financing, accumulating over 130 million USD, with a valuation exceeding 1 billion USD, becoming the first company to achieve 'unicorn' status in the FHE field.
Financing history and main investment institutions
Series A (March 2024)
Financing amount: 73 million USD
Leading institutions: Multicoin Capital, Protocol Labs
Participating institutions: Metaplanet, Blockchange Ventures, Vsquared Ventures, Stake Capital

Zama, a pioneering open-source cryptography startup in fully homomorphic encryption (FHE) technology for blockchain, has raised $57 million in a Series B round, bringing the company's valuation to over $1 billion. This funding was led by Pantera Capital and Blockchange Ventures, making Zama the first advanced encryption company to achieve 'unicorn' status.
Bringing privacy and encrypted smart contracts to the blockchain

In the past few days, friends have been asking me whether I will go to @EFDevcon, which may also be
@zama_fhe one of the most notable offline events recently

Devconnect is the annual gathering of the Ethereum community, which will be held in November this year at
Buenos Aires, with the theme 'The Future City Driven by Ethereum'
Zama is taking this opportunity to upgrade their developer program: building each month
tracks, not only rewarding the top five projects but also providing full airfare for the top projects
and the opportunity to showcase at the 'Zama World Expo'. Developers can use
Zama's tools to build FHE applications and then present directly at Devconnect