[Zama Acquires TokenOps to Advance Institutional Crypto Token Distribution] According to The Block, FHE privacy technology company Zama has acquired the enterprise-grade token lifecycle management platform TokenOps, applying Fully Homomorphic Encryption to scenarios such as token vesting, airdrops, and cap table management. TokenOps claims to have processed over $2 billion in token distributions. Through this acquisition, token issuers can encrypt key information such as token allocation, release curves, and recipient addresses on-chain under the ERC-7984 confidential token standard, reducing signal leakage and frontrunning risks caused by on-chain transparency.