💰 GRAYSCALE LAUNCHES ZCASH INVEST PLATFORM, PLEDGES $1 MILLION TO THE ZCASH ECOSYSTEM
📣 A new platform for privacy coins
Grayscale has launched the Zcash Invest platform to promote the Zcash ecosystem and its Zcash ETF (ticker: ZCSH). It has also pledged to use all of ZCSH’s sponsor fees during its first year after listing to support the development, marketing, and education of the Zcash network.
💵 Verified figures
Grayscale plans to donate $1 million to nonprofits advancing the Zcash ecosystem. The first round totaled $400,000, split equally among four organizations: the Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs, and Project Tachyon. The ZCSH fund manages around $906 million and holds nearly 639,000 ZEC, while ZEC is trading at around 1,166 USDT on Binance Futures, with 24-hour volume of approximately 1.84 billion USDT.
🌤️ Institutional money is finding its way back to privacy coins, and Zcash is the name chosen to kick off this campaign — it’s worth watching whether ZCSH attracts more inflows in the coming sessions.
$ZEC
📣 A new platform for privacy coins
Grayscale has launched the Zcash Invest platform to promote the Zcash ecosystem and its Zcash ETF (ticker: ZCSH). It has also pledged to use all of ZCSH’s sponsor fees during its first year after listing to support the development, marketing, and education of the Zcash network.
💵 Verified figures
Grayscale plans to donate $1 million to nonprofits advancing the Zcash ecosystem. The first round totaled $400,000, split equally among four organizations: the Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs, and Project Tachyon. The ZCSH fund manages around $906 million and holds nearly 639,000 ZEC, while ZEC is trading at around 1,166 USDT on Binance Futures, with 24-hour volume of approximately 1.84 billion USDT.
🌤️ Institutional money is finding its way back to privacy coins, and Zcash is the name chosen to kick off this campaign — it’s worth watching whether ZCSH attracts more inflows in the coming sessions.
$ZEC
