Zama officially confirms the final timeline for the (Public Auction), which also reflects a new direction in market narratives for 2026—privacy computing has become a focal point.

Zama's underlying strength is indeed worth noting. Years of accumulated research and development in FHE(Fully Homomorphic Encryption), a core team of over 120 members, plus several PhD-level researchers in cryptography within the lineup, these hard skills are making more and more people take this project seriously.

If you want to participate in the public offering, registration for the IPO has already started. Recently, many users have experienced delays during the KYC process, but according to feedback, Chinese passports combined with utility bills from Hong Kong or Unicom phone bills generally pass the review. The process is not as complicated as imagined; the key is to prepare all relevant documents thoroughly. As the FHE track heats up, those interested can get an early understanding of the project’s progress.