Cryptography startup Zama is plugging its privacy tech into T‑REX in a bid to let banks and asset managers trade sensitive assets on public blockchains without losing confidentiality.
French cryptography startup Zama is integrating its protocol with Apex-backed T-REX Ledger to add a confidentiality layer for ERC-3643-based tokenized assets, a standard that lets issuers embed identity checks and transfer restrictions into tokenized securities.
Zama, which raised $73 million in Series A funding in 2024 to commercialize fully homomorphic encryption (FHE), said the integration is aimed at making confidentiality a built-in part of tokenized asset infrastructure rather than an add-on layered over existing systems.
The companies said the integration would allow regulated institutions to use public blockchain infrastructure without exposing sensitive positions and transaction data, a sticking point that has slowed broader institutional use of public networks for regulated assets.
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