Zama Unveils Strategic Purchase of KKRT Labs to Enhance Privacy on Public Blockchains

Zama's Acquisition of KKRT Labs: Zama has acquired KKRT Labs, enhancing its capabilities in blockchain scalability and confidentiality through Zero-Knowledge Proofs, aiming for over 10,000 confidential transactions per second on public blockchains like Ethereum and Solana.

Expertise and Vision: KKRT Labs, known for its strong ZK-rollup team and backed by notable investors, will integrate its advanced cryptographic technologies with Zama's existing protocols, focusing on open-source innovation and confidentiality-first infrastructure.

Commitment to Integration: Zama plans to retain KKRT's key personnel and align ongoing projects with its broader roadmap, ensuring a smooth transition and minimal disruption to ongoing initiatives.

Future of Blockchain Confidentiality: Both companies share a vision that scalability and confidentiality are complementary, and their collaboration aims to address the challenges of confidential on-chain finance, making it more accessible and efficient.