Zama: Confidential token tech powers encrypted BTC yield in Wintermute's WBTC vault - 23 Sep 2026

Zama's confidential token technology is now live in Wintermute's Confidential WBTC vault, enabling yield earning on Bitcoin with balances encrypted onchain. The deployment applies Zama's confidential token standard so that BTC amounts held in the vault remain hidden while yield accrues, bringing encrypted balances to a Bitcoin yield product for the first time.For Zama, the launch is a working deployment with a high-profile market maker rather than a test or announcement. It shows the confidential token standard operating in production, where encrypted balances and yield coexist onchain. The setup also makes Bitcoin liquidity addressable through confidential DeFi, since holders can participate in yield strategies without exposing position sizes publicly.You can now earn yield on Bitcoin, with your balance encrypted onchain, through the Wintermute Confidential WBTC () vault. and from Armitage by discuss what this unlocks for BTC in DeFi, and what's next for confidential…