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 intended to make confidentiality a built-in feature of tokenized asset infrastructure rather than an added layer. The integration is designed to allow institutions to use public blockchains without exposing sensitive positions and transaction data, an issue that has limited adoption of public networks for regulated assets. Read more