Zama Unveils ZAMA Token After Encrypting $121M on Ethereum
The post Zama Unveils ZAMA Token After Encrypting $121M on Ethereum appeared on BitcoinEthereumNews.com.
Zama’s token launch shows encrypted auctions can run on Ethereum while keeping bids private and rules publicly verifiable. Open-source company Zama has launched and listed its native token after completing a public on-chain auction that encrypted more than $121 million on Ethereum. The rollout follows what the company describes as the first live use of fully homomorphic encryption on Ethereum mainnet at scale. Zama said the event shows that public crypto markets can support privacy while remaining open and verifiable. ZAMA Begins Exchange Rollout Following On-Chain Token Sale ZAMA is now trading, with listings being added in stages across centralized exchanges, including Coinbase and Binance. According to the protocol, the rollout follows rising demand for public blockchain markets that protect sensitive financial information.Earlier in the year, Zama held an on-chain token sale that set a $55 million fully diluted valuation floor. The process ran on Ethereum using a sealed-bid Dutch auction built with CoinList. All tokens were available at claim, allowing holders to move or use them immediately. $ZAMA is going live. Years in the making. Today is another foundational step toward Zama becoming the HTTPS layer for blockchain. pic.twitter.com/u0kl2HekwD — Zama (@zama) February 2, 2026 Chief executive Rand Hindi said the sale also acted as a live test of encrypted computation under real market conditions.Moreover, Zama focuses on providing core infrastructure by offering tools that other teams can integrate to add encrypted computation across blockchains. Under this model, adoption is measured by the extent to which value remains confidential within its systems. Encrypted Bidding Drives $121M in Shielded Value on Ethereum Alongside the token release, Zama introduced Total Value Shielded (TVS), a metric focused on onchain confidentiality. TVS measures the amount of economic value processed in encrypted form at any given time. The company frames it as a privacy-based…
Filed under: News - @ February 3, 2026 4:22 am