arcium's 16,000x speed improvement over homomorphic encryption just made private defi viable. umbra protocol already secured $155m commitments (206x oversubscribed) for their c-spl implementation. both launch mainnet december 19. solana gets working privacy infrastructure exactly when jpmorgan and dtcc need confidential tokenization. $arx captures computation fees from every encrypted transaction ...

zama raised $150m at $1b valuation for fully homomorphic encryption that lets blackrock run smart contracts without exposing positions. jan 12-15 public auction using their own fhe for sealed bids. $55m floor, 10% supply. mercedes and fca-regulated stablecoins already building on it. corporate treasuries can't operate on transparent chains and zama is the only production-ready solution at 230 tps. ...