In accordance with PANews, Zama, an open-source cryptography company, announced on December 31 that its Zama Protocol has launched on the mainnet, with the first cUSDT transfer completed on the Ethereum network. Previously, in June, Zama raised $57 million in Series B funding at a $10 billion valuation, led by Pantera Capital. Earlier this month, Zama also announced a public token auction for 10% of ZAMA tokens, set to begin on January 12, 2026.
Zama Protocol Launches Mainnet, Completes First cUSDT Transfer on Ethereum
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Summary
Zama Protocol launched mainnet on December 31, marking the first cUSDT transfer on Ethereum. The protocol update follows a $57 million Series B round in June at a $10 billion valuation, led by Pantera Capital. Zama also announced a public token auction for 10% of ZAMA tokens, starting January 12, 2026. On-chain news shows growing momentum for the open-source cryptography project.
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