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Grayscale commits $1M to support Zcash privacy coin development and education.

Protocol Fundamentals
10 Nov 2026, 19:13 WIB
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Grayscale commits $1M to support Zcash privacy coin development and education.

Grayscale has launched Zcash Invest, dedicating $1 million to support organizations developing the privacy-focused cryptocurrency Zcash (ZEC). It has already granted $400,000 to four groups working on Zcash's technology, privacy advocacy, and scalability. The initiative also redirects fees from Grayscale's Zcash ETF to fund ongoing privacy development and education efforts. This move highlights growing interest in financial privacy amid rising blockchain analysis capabilities and aims to boost Zcash's ecosystem despite recent market volatility.

Zcash (ZEC) is currently trading at Rp18.515.963 on Pluang, down 13.09% in the last day. The coin's market cap stands at Rp7,04 trillion as of Nov 11, 2026 00:23 WIB.

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