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Onchain cap tables are public cap tables. Sell pressure at every cliff. Senior contributors decline transparent comp; sybil farms drain airdrops.
Zama is HTTPS for onchain finance: addresses stay public, amounts get encrypted.
Verifiable
Onchain settlement, fully auditable.
Encrypted
Allocations encrypted at the token level.
Compliant
Tax authorities, fund admin, and EOR retain access by role.
Composable
Drops into your existing stack.
The token operations that can't be public.
Vesting and cap tables, airdrops and TGE, OTC and Dutch auctions, DAO treasury and comp — four operations, one SDK.
Vesting and cap table
Every cliff is a public sell-pressure signal and every allocation is permanently tied to a wallet. Keep vesting logic onchain without exposing who holds what to the market.
Airdrops and TGE
Transparent recipient amounts fuel sybil farming before launch and sell pressure at the moment of it. Distribute at scale without turning your TGE into a public targeting list.
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OTC and Dutch auctions
Pricing intent leaks before fills, moving the market against you. Run price discovery onchain without broadcasting your hand to every participant watching the mempool.
DAO treasury and contributor compensation
Every treasury move and contributor payment is visible on public governance trackers. Keep governance transparent without making individual flows a public record.
Zama is a protocol, not a chain. A standard, not a silo
The Zama Protocol is in production on Ethereum mainnet and ready to be implemented into the chains, custody, wallets, and compliance stack institutions already run.
Client-side Fully Homomorphic Encryption
Allocations, vesting schedules, and treasury movements are encrypted in the token-management platform's environment before they reach the blockchain. Plaintext never leaves your system.
Computation on encrypted data
The blockchain processes vesting, claims, transfers, and treasury operations while ERC-7984 keeps allocations encrypted. Existing vesting primitives — time-lock, streaming, claim mechanics — wrap 1:1; no rebuild of audited contracts.
Compliance, control and public verifiability
You decide who sees what, role by role, through the Zama Protocol's Access Control List (ACL) and selective disclosure features.
Institutions and teams already building with Zama
From confidential payroll to institutional trading — real deployments, on Ethereum mainnet, today.
T-REX - Institutional-Grade Confidentiality Infrastructure for RWA
Zama becomes the default confidentiality layer for T-REX Ledger, bringing FHE-powered privacy, compliance and interoperability together in one public blockchain infrastructure built for institutional scale.
Bron - Confidential payroll on Ethereum mainnet.
Bron's CFO paid team salaries on Ethereum mainnet using confidential USDT, amounts encrypted end-to-end with FHE, visible only to sender and recipient.
Raycash - private, compliant banking rebuilt onchain.
Raycash delivers a Revolut-style banking experience, IBANs, cards, yield, fully self-custodial and powered by Zama's FHE encryption, keeping balances and transactions private while remaining compliant with regulators.
Blockscout - The first explorer to support confidential tokens natively.
Blockscout now indexes and displays ERC-7984 confidential token activity, showing transfers, senders, and recipients onchain while keeping encrypted amounts fully private, powered by the Zama Protocol.
GSR - The first confidential OTC trade on Ethereum mainnet.
GSR executed the first confidential over-the-counter trade using the Zama Protocol, transaction amounts encrypted onchain between two KYC'd counterparties, eliminating information leakage and front-running risks.
Our investors have backed the most successful blockchain companies globally
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