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Zama, a startup in the field of cryptocurrencies, announced the completion of a Series B funding round worth $57 million, led by Blockchange Ventures and Pantera Capital, with total funding exceeding $150 million and a market value surpassing $1 billion, making it the first startup focused entirely on fully homomorphic encryption (FHE). Zama promotes the application of this technology in blockchain and artificial intelligence technologies, and its protocol supports developers to build decentralized encrypted applications without deep expertise in encryption. (CoinDesk)