TechFlime reports that Zaiffer, an on-chain financial privacy protection startup, has secured €2 million in funding with participation from Web3 incubator Pyratz Labs and open-source cryptography firm Zama. The company specializes in leveraging Fully Homomorphic Encryption (FHE) technology to develop privacy-preserving blockchain and DeFi infrastructure. The fresh capital will be allocated to advancing its development of a universal privacy layer for the DeFi ecosystem.