Zama Achieves $1B Valuation with $57M Series B Round
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Zama's Funding Achievement: Zama, co-founded by Dr. Rand Hindi and Dr. Pascal Paillier, has raised $57 million in a Series B funding round, achieving a valuation of $1 billion and becoming the first unicorn in the fully homomorphic encryption (FHE) space.
Impact on Blockchain Security: The funding will enhance Zama's development of confidential blockchain technologies, aiming for blockchain-agnostic security solutions that could significantly influence decentralized finance and privacy standards within the blockchain ecosystem.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






