Grayscale strongly supports Zcash
In a notable move, Barry Silbert announced that Grayscale will allocate all management fees it earns during the first year of its product tied to $ZEC to fund awareness and education about Zcash.
This step carries an important implication; instead of treating management fees as mere revenue, they are directed to boost awareness of the financial privacy technology represented by Zcash.
With growing institutional interest in privacy within the digital asset market, Silbert believes that privacy-focused coins may benefit from a shift of part of capital toward this sector.
$ZEC is entering a phase that could be pivotal: ETF + institutional interest + funding for awareness.
#ZEC #zcash #Grayscale
#crypto #Privacy
In a notable move, Barry Silbert announced that Grayscale will allocate all management fees it earns during the first year of its product tied to $ZEC to fund awareness and education about Zcash.
This step carries an important implication; instead of treating management fees as mere revenue, they are directed to boost awareness of the financial privacy technology represented by Zcash.
With growing institutional interest in privacy within the digital asset market, Silbert believes that privacy-focused coins may benefit from a shift of part of capital toward this sector.
$ZEC is entering a phase that could be pivotal: ETF + institutional interest + funding for awareness.
#ZEC #zcash #Grayscale
#crypto #Privacy
