Zama acquires TokenOps to deploy encrypted token distributions for institutional issuers
The Block
Zama has acquired TokenOps to integrate Fully Homomorphic Encryption into institutional token management, mitigating signaling and front-running risks on public blockchains.Summary
Cryptography firm Zama has acquired enterprise platform TokenOps to enable confidential token distributions for institutional clients. By leveraging Fully Homomorphic Encryption (FHE) and the ERC-7984 standard, the collaboration aims to protect sensitive onchain activities—such as vesting, airdrops, and cap table operations—from the transparency risks that often lead to market signaling and front-running. The technology has already been utilized by major institutions, including those associated with BlackRock and Nomura, and TokenOps will continue to operate as an independent brand under Zama.
(Source：The Block)