Cryptography Firm Zama Raises $73M for ‘Fully Homomorphic Encryption’ Apps

The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The ‘FHE’ technology allows for processing of encrypted data, useful for privacy in blockchain and AI.

Source: https://www.coindesk.com/business/2024/03/07/cryptography-firm-zama-raises-73m-for-fully-homomorphic-encryption-apps/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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