PANews reported on January 26th that open-source cryptography company Zama announced the conclusion of its first cryptographic ICO (Zama Public Auction) on EthereumPANews reported on January 26th that open-source cryptography company Zama announced the conclusion of its first cryptographic ICO (Zama Public Auction) on Ethereum

Zama's first cryptocurrency ICO has been completed, with total bidding reaching $118 million.

2026/01/26 21:18

PANews reported on January 26th that open-source cryptography company Zama announced the conclusion of its first cryptographic ICO (Zama Public Auction) on Ethereum on January 24th, 2026, raising $118.5 million. This Dutch auction used fully homomorphic encryption (FHE) to protect bidding privacy, achieving decentralized and confidential bidding. It attracted over 11,000 unique users who submitted nearly 24,700 bids, with a final liquidation price of $0.05. Total demand was oversubscribed by 318%.

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