Privacy computing company Zama has acquired enterprise-level token lifecycle management platform TokenOps

Odaily Planet Daily News: Privacy computing company Zama has acquired the enterprise-level token lifecycle management platform TokenOps, and plans to introduce Fully Homomorphic Encryption (FHE) into institutional-grade token vesting, airdrops, and cap table management.

Zama stated that TokenOps has processed over $2 billion in distribution business. After the acquisition, issuers can leverage the ERC-7984 confidential token standard to encrypt and execute the entire lifecycle process of token distribution, release schedules, and recipient identities on-chain. This solution has already been implemented in KAIO's production environment, with its partner institutions including BlackRock, Hamilton Lane, and Brevan Howard. TokenOps will continue to operate as an independent brand after the acquisition.