Zama funding and positioning: $139.3M raised, over $1B valuation pre-TGE
Quote60 words
Zama raised $139.3M from Pantera, Hack VC and Multicoin and is valued above $1B before TGE. It is building a programmable FHE confidentiality layer for L1s and L2s covering private lending and dark pools.
Key claims
$139.3M total funding
Valued above $1B pre-TGE
FHE layer sits on top of existing L1/L2 ecosystems
Zama raised $139.3M in total funding from Pantera Capital, Hack VC, Multicoin and others, already being valued at >$1B pre-TGE.
They are building a programmable FHE-powered confidentiality layer for crypto, which will sit on top of existing L1/L2 ecosystems, enabling anyone to permissionlessly build privacy-preserving dApps (from private lending to dark pools and much more) anywhere.
Could be huge imo.
QUOTING @zerokn0wledge_
$ZAMA TGE by end of the year, and bringing FHE-powered confidentiality to Ethereum mainnet. Other EVM chains and Solana to follow, broadening access to the permissionless FHE privacy layer across ecosystems. Alongside, the team works on improvements best summarized as: better h
$ZAMA TGE by end of the year, and bringing FHE-powered confidentiality to Ethereum mainnet. Other EVM chains and Solana to follow, broadening access to the permissionless FHE privacy layer across ecosystems. Alongside, the team works on improvements best summarized as: better h
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What came next · since 28 Jul 2025
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This breakdown analyzes the project without making a call on the token, so price moves since publication are shown as market context.
Covered, no call
Since then
Zero has written 2 more pieces on Zama and $ZAMA since this one.
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