Zama provides a Fully Homomorphic Encryption (FHE) protocol that enables confidential, verifiable, and programmable computation on public blockchains. The protocol allows institutions to issue, trade, and manage confidential assets—such as tokenized RWAs and payments—without exposing transaction amounts or balances. It runs natively on any L1 or L2, requiring no new chain or trusted intermediary, and is already deployed on Ethereum mainnet with partners like Morpho and T-REX.
Funding
Funding not disclosed
Founders
Product
Problem
Public blockchains expose all transaction amounts and balances to anyone, making them unsuitable for institutions operating in regulated markets. This lack of confidentiality has prevented the adoption of onchain finance for use cases like payments, trading, and asset tokenization, where privacy is a non-negotiable operating requirement.
Solution
Zama provides a protocol that enables confidential assets to be issued, traded, and managed natively on public blockchains using Fully Homomorphic Encryption (FHE). The protocol keeps amounts and balances encrypted at all times, including during processing, while maintaining full public verifiability and programmable compliance. It runs natively on any L1 or L2, requiring no new chain or trusted intermediary. This approach allows institutions to hold, transfer, earn, and trade confidentially on public blockchains, unlocking use cases such as confidential RWA tokenization, payments, DeFi trading, and token distribution.
Target Audience
Primary customers are financial institutions, regulated entities, and DeFi protocols that require confidentiality and compliance to operate on public blockchains, including those involved in RWA tokenization, payments, trading, and token distribution.
Features
- Fully Homomorphic Encryption (FHE) for end-to-end encrypted onchain computation, including during processing
- Native support for any L1 or L2, with no new chain or trusted intermediary required
- Programmable compliance, enabling regulatory requirements to be enforced while preserving confidentiality
- Confidential token standard (ERC-7984) supported by block explorers like Blockscout for private transfers and balances
- Live deployments on Ethereum mainnet, including confidential yield through Morpho and institutional RWA infrastructure via T-REX