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On-chain financial privacy protection startup Zaiffer has completed a €2 million financing.

Jinse Finance reports that the on-chain financial privacy protection startup Zaiffer has announced the completion of a €2 million funding round, with participation from Web3 startup incubator Pyratz Labs and the Open Source encryption company Zama. The company focuses on using fully homomorphic encryption (FHE) technology to protect the privacy of blockchain and Decentralized Finance (DeFi) infrastructure. The new funds are intended to support its efforts to build a universal confidentiality layer for the DeFi ecosystem.

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